USD/CAD – 1H – BUYThe combination moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.38011 will persist.
Caution: A possible trend reversal in the direction of support at 1.37468 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.38011 |
| Current Price | 1.38050 |
| Next Low | 1.37468 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.34720 |