USD/CAD – 1H – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.36748 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.34720 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37368 |
| 2nd High | 1.36845 |
| Next High | 1.36748 |
| Current Price | 1.36690 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |