USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.41023 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.40040 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.41054 |
| Next High | 1.41023 |
| Current Price | 1.40159 |
| Next Low | 1.40040 |
| 2nd Low | 1.39932 |
| 3rd Low | 1.39304 |