Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3920 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of USD/CAD: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1.4000
- Resistance Level 2: 1.3980
- Resistance Level 1: 1.3965
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3920
- Support Level 2: 1.3895
- Support Level 3: 1.3875
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.3920 with first target at 1.3965 and second target at 1.3980 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.3920 with first target at 1.3895 and second target at 1.3875 in extension as take profits