USD/CAD – 30M – BUYThe pair jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.38624 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.38156 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38624 |
| Current Price | 1.38303 |
| Next Low | 1.38156 |
| 2nd Low | 1.38141 |
| 3rd Low | 1.38133 |