USD/CAD is currently trading between 1.38537 and 1.38137, after bouncing up from the key support level at 1.38137. A successful penetration of the swing level at 1.38537 will open the way to the take-profit levels at 1.38697 and 1.38777 respectively. A protective stop loss at 1.38137 is strongly recommended.
Price Action
Thursday, July 31 2025

03:13 pm (GMT +0300)
30 minutes Timeframe
Should the pair manage to breach below the support at 1.38137, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.38697
Target 2
1.38777
Target 3
1.38937
Target 4
1.39137

Entry
1.38537

Stop Loss
1.38137
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, July 31 2025

03:13 pm (GMT +0300)
30 minutes Timeframe
USD/CAD is currently trading between 1.38537 and 1.38137, after bouncing up from the key support level at 1.38137. A successful penetration of the swing level at 1.38537 will open the way to the take-profit levels at 1.38697 and 1.38777 respectively. A protective stop loss at 1.38137 is strongly recommended.
Should the pair manage to breach below the support at 1.38137, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.38697
Target 2
1.38777
Target 3
1.38937
Target 4
1.39137

Entry
1.38537

Stop Loss
1.38137
Trend Confirmation
Momentum
LWMA
MACD