USD/CAD – 1H – BUYThe combination moves from the bearish trendline upwards
The bullish trend upwards to the next resistance at 1.39585 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 1.38762 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39585 |
| Current Price | 1.38969 |
| Next Low | 1.38762 |
| 2nd Low | 1.38378 |
| 3rd Low | 1.38122 |