The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 1.40893 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.40375 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.41449 |
2nd High | 1.41279 |
Next High | 1.40893 |
Current Price | 1.40533 |
Next Low | 1.40375 |
2nd Low | 1.40166 |
3rd Low | 1.39847 |