USD/CAD – 1H – BUYThe pair moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 1.38624 will continue.
Caution: A possible reversal of the trend in the direction of support at 1.38133 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38624 |
| Current Price | 1.38483 |
| Next Low | 1.38133 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37468 |