USD/CAD – 30M – BUYThe combination breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 1.34894 is certain.
Caution: A possible change in the direction of the support line at 1.34623 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34880 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |