USD/CAD – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 1.39583 will persist.
Caution: A possible counter-trend in the direction of support at 1.38418 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39585 |
| Next High | 1.39583 |
| Current Price | 1.39154 |
| Next Low | 1.38418 |
| 2nd Low | 1.38182 |
| 3rd Low | 1.38122 |