The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.44202 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 1.43496 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44352 |
2nd High | 1.44329 |
Next High | 1.44202 |
Current Price | 1.44121 |
Next Low | 1.43496 |
2nd Low | 1.43462 |
3rd Low | 1.43349 |