The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.41193 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.43364 |
Next Low | 1.41193 |
2nd Low | 1.40100 |
3rd Low | 1.39802 |