USD/CAD – 1H – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.38492 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.37851 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38346 |
| Next Low | 1.37851 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |