USD/CAD – 1H – BUYThe pair breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 1.37749 is likely expected.
Caution: A possible change in the direction of the support line at 1.34720 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.37749 |
| Current Price | 1.37612 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |