USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline up.
A bullish movement up to the next resistance at 1.41814 is certain.
Caution: A possible counter-trend in the direction of the support line at 1.41588 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41947 |
| 2nd High | 1.41939 |
| Next High | 1.41814 |
| Current Price | 1.41776 |
| Next Low | 1.41588 |
| 2nd Low | 1.41554 |
| 3rd Low | 1.40930 |