USD/CAD – 30M – BUYThe currency pair jumps from the bearish trendline up.
A bullish movement up to the next resistance at 1.39064 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.38378 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39585 |
| 2nd High | 1.39222 |
| Next High | 1.39064 |
| Current Price | 1.38692 |
| Next Low | 1.38378 |
| 2nd Low | 1.38122 |
| 3rd Low | 1.37851 |