The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 1.41305 is considered certain.
Caution: A possible change in the direction of the support level at 1.40812 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41401 |
| 2nd High | 1.41396 |
| Next High | 1.41305 |
| Current Price | 1.41037 |
| Next Low | 1.40812 |
| 2nd Low | 1.40394 |
| 3rd Low | 1.3971 |
1.41305 – 1.41068 – 1.40649 – 1.40812 – 1.40394 – 1.3971 —
1.40948 – 1.41178 —
50.651334041785 – 52.79816777934 —
– —
1.41305 – 1763748000
Trading Signals: FOREX – USD – USD/CAD – CAD – – Double bottom retreat down – – – – – – – –