USD/CAD – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 1.38492 is expected.
Caution: A possible change in the direction of the support line at 1.38253 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38297 |
| Next Low | 1.38253 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37710 |