Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.4370 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: 1.4540
- Resistance Level 2: 1.4515
- Resistance Level 1: 1.4490
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.4370
- Support Level 2: 1.4290
- Support Level 3: 1.4260
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.4370 with first target at 1.4490 and second target at 1.4515 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.4370 with first target at 1.4290 and second target at 1.4260 in extension as take profits
