USD/CAD – 30M – BUYThe combination breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 1.34949 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.34623 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34949 |
| Current Price | 1.35037 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |