USD/CAD – 1H – BUYThe combination breaks through the descending trendline up.
An ascending movement up to the next resistance level at 1.39583 is likely expected.
Caution: A possible change in the direction of the support level at 1.38182 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39585 |
| Next High | 1.39583 |
| Current Price | 1.38834 |
| Next Low | 1.38182 |
| 2nd Low | 1.38122 |
| 3rd Low | 1.37851 |