USD/CAD – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance at 1.38382 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 1.37851 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38382 |
| Current Price | 1.38466 |
| Next Low | 1.37851 |
| 2nd Low | 1.37710 |
| 3rd Low | 1.37468 |