Austinet24

USDCAD Bullish Setup

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CHF Intraday Bullish

Pivot point: 0.8887



The USDCHF picked up the bullish trend by closed next to the first resistance. For a bullish trend to continue, the first resistance level of 0.8915 needs to be broken, which could allow the pair to push higher to 0.8944. If bearish momentum Is gathered and pulls the pair down to 0.8857 then it may plummet to 0.8830.

Resistance level 1: 0.8915 Resistance level 2: 0.8944 Resistance level 3: 0.8972

Support level 1: 0.8857 Support level 2: 0.8830 Support level 3: 0.8800

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