FxWirePro
Long

USD/CAD: Buy above breakout

FX:USDCAD   U.S. Dollar/Canadian Dollar
291 1 7
Major Resistance – 1.3402

Major support – 1.3310 (200 day MA)

The pair has started to retreat once again after making a high of 1.3853 at the time of writing. It is currently trading around 1.33545.

Any break above 1.3402 will take the pair to next level around 1.3460/1.3500/1.3580 in short term.

On the lower side any break below 1.3310 will drag the pair down till 1.3280/1.3230.

Overall bullish invalidation only below 1.3150 level.

It is good to buy above 1.3402 with SL around 1.3345 for the TP of 1.3500/1.3580
that escalated quickly
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out