USD/CAD – 30M – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 1.36845 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.36108 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37381 |
| 2nd High | 1.37368 |
| Next High | 1.36845 |
| Current Price | 1.36681 |
| Next Low | 1.36108 |
| 2nd Low | 1.35783 |
| 3rd Low | 1.35611 |