USD/CAD – 30M – BUYThe pair breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 1.38285 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 1.38156 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38362 |
| 2nd High | 1.38323 |
| Next High | 1.38285 |
| Current Price | 1.38258 |
| Next Low | 1.38156 |
| 2nd Low | 1.38141 |
| 3rd Low | 1.38133 |