Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.4390 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of USD/CAD: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1.4475
- Resistance Level 2: 1.4435
- Resistance Level 1: 1.4390
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.4260
- Support Level 2: 1.4220
- Support Level 3: 1.4180
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.4390 with first target at 1.4260 and second target at 1.4220 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.4390 with first target at 1.4435 and second target at 1.4475 in extension as take profits
