USD/CAD – 4H – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.3969 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.38659 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40508 |
| 2nd High | 1.40142 |
| Next High | 1.3969 |
| Current Price | 1.39549 |
| Next Low | 1.38659 |
| 2nd Low | 1.377 |
| 3rd Low | 1.37308 |
1.3969 – 1.38696 – 1.38237 – 1.38659 – 1.377 – 1.37308 —
1.39620 – 1.39500 —
60.18645210318 – 55.204579759487 —
– —
1.3969 – 1781020800
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –