USD/CAD – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 1.38560 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.38378 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38682 |
| Next High | 1.38560 |
| Current Price | 1.38906 |
| Next Low | 1.38378 |
| 2nd Low | 1.38122 |
| 3rd Low | 1.37851 |