USD/CAD – 1H – BUYThe pair breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 1.37928 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.37468 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37993 |
| Next Low | 1.37468 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.34720 |