USD/CAD – 30M – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 1.39059 is expected.
Caution: A possible trend reversal in the direction of the support zone at 1.38378 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39059 |
| Current Price | 1.38959 |
| Next Low | 1.38378 |
| 2nd Low | 1.38122 |
| 3rd Low | 1.37851 |