Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.4050 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: 1.4160
- Resistance Level 2: 1.4135
- Resistance Level 1: 1.4110
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.4050
- Support Level 2: 1.4030
- Support Level 3: 1.4000
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.4050 with first target at 1.4110 and second target at 1.4135 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.4050 with first target at 1.4030 and second target at 1.4000 in extension as take profits