USD/CAD – 30M – BUYThe currency pair breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 1.39422 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.39023 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39448 |
| Next High | 1.39422 |
| Current Price | 1.39505 |
| Next Low | 1.39023 |
| 2nd Low | 1.38904 |
| 3rd Low | 1.38762 |