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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out