The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.38054 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.37 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38717 |
| 2nd High | 1.38225 |
| Next High | 1.38054 |
| Current Price | 1.37623 |
| Next Low | 1.37 |
| 2nd Low | 1.3688 |
| 3rd Low | 1.36571 |
1.37277 – 1.37086 – 1.37009 – 1.37 – 1.3688 – 1.36571 —
1.37693 – 1.37638 —
61.142325608896 – 51.150803912828 —
– —
1.37277 – 1767211200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –