USD/CAD – 1H – BUYThe pair goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 1.38382 is expected.
Caution: A possible change in the direction of support at 1.37696 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.38382 |
| Current Price | 1.37772 |
| Next Low | 1.37696 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.34720 |