USD/CAD – 1H – BUYThe pair goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.36470 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.35403 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37368 |
| 2nd High | 1.36845 |
| Next High | 1.36470 |
| Current Price | 1.35855 |
| Next Low | 1.35403 |
| 2nd Low | 1.34654 |
| 3rd Low | 1.34653 |