USD/CAD – 30M – BUYThe combination breaks through the descending trendline up.
A bullish trend up to the next resistance at 1.35292 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 1.34190 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35292 |
| Current Price | 1.34630 |
| Next Low | 1.34190 |
| 2nd Low | |
| 3rd Low |