USD/CAD – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 1.35189 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.35006 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35292 |
| 2nd High | 1.35263 |
| Next High | 1.35189 |
| Current Price | 1.35244 |
| Next Low | 1.35006 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34623 |