USD/CAD – 30M – BUYThe pair breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 1.39166 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.39504 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.39604 |
| Next Low | 1.39166 |
| 2nd Low | 1.39142 |
| 3rd Low | 1.39103 |