The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 1.39842 is expected.
Caution: A possible counter-trend in the direction of the support line at 1.39624 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.40363 |
2nd High | 1.40142 |
Next High | 1.39842 |
Current Price | 1.40153 |
Next Low | 1.39624 |
2nd Low | 1.39308 |
3rd Low | 1.39304 |