USD/CAD – 1H – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 1.35907 is certain.
Caution: A possible change in the direction of the support level at 1.34720 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36845 |
| 2nd High | 1.36470 |
| Next High | 1.35907 |
| Current Price | 1.36124 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |