USD/CAD – 30M – BUYThe currency pair breaks through the descending trendline upwards
A bullish trend up to the next resistance at 1.38997 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.38762 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39080 |
| Next High | 1.38997 |
| Current Price | 1.38991 |
| Next Low | 1.38762 |
| 2nd Low | 1.38378 |
| 3rd Low | 1.38122 |