USD/CAD – 1H – BUYThe pair breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 1.38492 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.37851 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38344 |
| Next Low | 1.37851 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |