USD/CAD – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.37749 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.37377 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38556 |
| 2nd High | 1.37905 |
| Next High | 1.37749 |
| Current Price | 1.37533 |
| Next Low | 1.37377 |
| 2nd Low | 1.37041 |
| 3rd Low | 1.36467 |