USD/CAD – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 1.37368 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.36467 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37415 |
| 2nd High | 1.37381 |
| Next High | 1.37368 |
| Current Price | 1.37116 |
| Next Low | 1.36467 |
| 2nd Low | 1.36425 |
| 3rd Low | 1.36108 |