USD/CAD – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 1.36165 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.35403 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36230 |
| 2nd High | 1.36226 |
| Next High | 1.36165 |
| Current Price | 1.36440 |
| Next Low | 1.35403 |
| 2nd Low | 1.34654 |
| 3rd Low | 1.34653 |