USD/CAD – 1H – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.35817 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.34720 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.35894 |
| Next High | 1.35817 |
| Current Price | 1.35830 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |