USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 1.44038 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.43646 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.44094 |
| 2nd High | 1.44045 |
| Next High | 1.44038 |
| Current Price | 1.43932 |
| Next Low | 1.43646 |
| 2nd Low | 1.43388 |
| 3rd Low | 1.42974 |