The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 1.44094 is likely expected.
Caution: A possible change in the direction of the support zone at 1.43646 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44632 |
Next High | 1.44094 |
Current Price | 1.43849 |
Next Low | 1.43646 |
2nd Low | 1.43388 |
3rd Low | 1.42974 |