USD/CAD – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 1.39064 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.38745 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39585 |
| 2nd High | 1.39222 |
| Next High | 1.39064 |
| Current Price | 1.39081 |
| Next Low | 1.38745 |
| 2nd Low | 1.38378 |
| 3rd Low | 1.38122 |