USD/CAD – 1H – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.35393 is considered certain.
Caution: A possible change in the direction of the support zone at 1.34720 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.35393 |
| Current Price | 1.35661 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |