USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 1.42734 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1.41343 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4366 |
| 2nd High | 1.42959 |
| Next High | 1.42734 |
| Current Price | 1.41738 |
| Next Low | 1.41343 |
| 2nd Low | 1.41265 |
| 3rd Low | 1.39951 |
1.41592 – 1.41464 – 1.41226 – 1.41343 – 1.41265 – 1.39951 —
1.41765 – 1.41748 —
71.216205904713 – 64.635019968016 —
– —
1.41592 – 1781856000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –