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FX.co ★ crystal66 | USD/CAD

USD/CAD

For the USD/CAD pair on the H1 timeframe. The pair is trading above the day's opening level of 1.3945 and above the daily Pivot level of 1.3932. Key indicators are showing a bullish trend and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3997, the price will move towards the level of 1.4005 and potentially to the level of 1.4012 and higher. Below the level of 1.3997, the pair will continue its descent towards the level of 1.3975 and potentially to the level of 1.3932 and lower. The pair is trading above the monthly Pivot level of 1.3737 (previous 1.3717), above the weekly Pivot level of 1.3892, and above the daily Pivot level, indicating a bullish sentiment for the pair. The current session's fork level is 1.3997. The first resistance level is 1.4005, the first support is 1.3970.

USD/CAD

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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