USD/CAD – 30M – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 1.38556 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.37526 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.3789 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 1.38556 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39463 |
| Next High | 1.38556 |
| Current Price | 1.37968 |
| Next Low | 1.37526 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.37041 |