USD/CAD – 1H – BUYThe pair breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 1.38011 is certain.
Caution: A possible trend reversal in the direction of the support zone at 1.37468 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.38011 |
| Current Price | 1.38092 |
| Next Low | 1.37468 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.34720 |