USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 1.40452 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.39802 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40775 |
| 2nd High | 1.40651 |
| Next High | 1.40452 |
| Current Price | 1.40215 |
| Next Low | 1.39802 |
| 2nd Low | 1.39508 |
| 3rd Low | 1.39273 |