The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 1.40207 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.39273 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.41023 |
2nd High | 1.40363 |
Next High | 1.40207 |
Current Price | 1.39666 |
Next Low | 1.39273 |
2nd Low | 1.39249 |
3rd Low | 1.39166 |