USD/CAD – 1H – BUYThe currency pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 1.34894 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.34572 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.34894 |
| Current Price | 1.35037 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |