The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.40710 is certain.
Caution: A possible change in the direction of the support line at 1.39932 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.40710 |
Current Price | 1.40624 |
Next Low | 1.39932 |
2nd Low | 1.39304 |
3rd Low | 1.39249 |