USD/CAD – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 1.35907 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.35503 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.36002 |
| Next High | 1.35907 |
| Current Price | 1.35785 |
| Next Low | 1.35503 |
| 2nd Low | 1.35170 |
| 3rd Low | 1.35065 |