tayalsmith
Long

USD/CAD BULLISH TODAY

FX:USDCAD   U.S. Dollar/Canadian Dollar
The secondary trend of USD/CAD             is bullish on charts and price is trading above its support line in its hourly chart. In hourly chart the price is sustaining above 100 day EMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
Resistance level of 1.2930 and Support level of 1.2820
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.

INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: USD/CAD             is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out