USD/CAD – 1H – BUYThe combination goes from the descending trendline upwards
A bullish ascent up to the next resistance level at 1.39064 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.38122 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39585 |
| Next High | 1.39064 |
| Current Price | 1.39183 |
| Next Low | 1.38122 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37468 |