USD/CAD – 30M – BUYThe combination jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.39059 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 1.38851 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39059 |
| Current Price | 1.39032 |
| Next Low | 1.38851 |
| 2nd Low | 1.38378 |
| 3rd Low | 1.38122 |