The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 1.41054 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.40328 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.41054 |
Current Price | 1.40964 |
Next Low | 1.40328 |
2nd Low | 1.39932 |
3rd Low | 1.39304 |