The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 1.44199 will continue.
Caution: A possible change in the direction of the support line at 1.43462 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44352 |
2nd High | 1.44329 |
Next High | 1.44199 |
Current Price | 1.44016 |
Next Low | 1.43462 |
2nd Low | 1.43349 |
3rd Low | 1.43043 |