USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 1.40198 is certain.
Caution: A possible change in the direction of the support level at 1.39508 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40651 |
| 2nd High | 1.40313 |
| Next High | 1.40198 |
| Current Price | 1.39915 |
| Next Low | 1.39508 |
| 2nd Low | 1.39273 |
| 3rd Low | 1.39249 |