USD/CAD – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.38149 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.37828 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.38149 |
| Current Price | 1.38144 |
| Next Low | 1.37828 |
| 2nd Low | 1.37801 |
| 3rd Low | 1.37703 |