USD/CAD – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 1.39504 is expected.
Caution: A possible change in the direction of the support level at 1.39166 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39585 |
| 2nd High | 1.39583 |
| Next High | 1.39504 |
| Current Price | 1.39533 |
| Next Low | 1.39166 |
| 2nd Low | 1.39142 |
| 3rd Low | 1.39103 |