USD/CAD breaks trendline resistance,jump till 1.2200 is possible

FX:USDCAD   U.S. Dollar / Canadian Dollar
128 0 0
USD/CAD             has broken short term trend line resistance 1.2050 ( trend line joining 1.22037 and 1.21175) and it confirms short term bullishness, a jump till 1.2200 is possible.

Overall trend reversal only below 1.1900 level.

The pair’s minor resistance is around 1.20850 and break above would extend gains till 1.2130/1.2200.

Intraday trend reversal only below 1.2000.

Indicator (1 hour chart)

CCI (50) - Buy

CCI (14) – Buy

Ichimoku- Buy

It is good to buy at dips around 1.2060 with stop around 1.2000 for the target of 1.2130/1.2200.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out