USD/CAD – 30M – BUYThe combination jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.38051 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.37828 should always be considered.
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 | 1.38051 |
| Current Price | 1.38028 |
| Next Low | 1.37828 |
| 2nd Low | 1.37801 |
| 3rd Low | 1.37703 |