USD/CAD – 1H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.39249 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 | |
| Current Price | 1.39985 |
| Next Low | 1.39249 |
| 2nd Low | 1.38418 |
| 3rd Low | 1.38182 |