USD/CAD – 30M – BUYThe pair moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 1.35393 will continue.
Caution: A possible counter-trend in the direction of the support line at 1.35065 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35393 |
| Current Price | 1.35425 |
| Next Low | 1.35065 |
| 2nd Low | 1.34720 |
| 3rd Low | 1.34633 |