The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 1.3945 will persist.
Caution: A possible change in the direction of the support line at 1.38456 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39604 |
| 2nd High | 1.3952 |
| Next High | 1.3945 |
| Current Price | 1.39319 |
| Next Low | 1.38456 |
| 2nd Low | 1.38209 |
| 3rd Low | 1.37724 |
1.3945 – 1.39027 – 1.38656 – 1.38456 – 1.38209 – 1.37724 —
1.39308 – 1.39294 —
61.740230309666 – 58.983225490273 —
– —
1.3945 – 1774890000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –