USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.39932 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.40195 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40288 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |