Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.4340 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: 1.4425
- Resistance Level 2: 1.4400
- Resistance Level 1: 1.4375
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.4340
- Support Level 2: 1.4315
- Support Level 3: 1.4295
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.4340 with first target at 1.4375 and second target at 1.4400 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.4340 with first target at 1.4315 and second target at 1.4295 in extension as take profits