Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3800 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: 1.3915
- Resistance Level 2: 1.3890
- Resistance Level 1: 1.3865
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3800
- Support Level 2: 1.3770
- Support Level 3: 1.3740
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.3800 with first target at 1.3865 and second target at 1.3890 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.3800 with first target at 1.3770 and second target at 1.3740 in extension as take profits
