USD/CAD – 30M – BUYThe combination breaks through the descending trendline upwards
An ascent up to the next resistance at 1.37928 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.37246 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37550 |
| Next Low | 1.37246 |
| 2nd Low | 1.37041 |
| 3rd Low | 1.36467 |