The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 1.44326 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.43687 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44492 |
Next High | 1.44326 |
Current Price | 1.44169 |
Next Low | 1.43687 |
2nd Low | 1.43633 |
3rd Low | 1.43379 |