The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.44492 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.43827 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.44669 |
Next High | 1.44492 |
Current Price | 1.44568 |
Next Low | 1.43827 |
2nd Low | 1.43687 |
3rd Low | 1.43633 |