USD/CAD – 1H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 1.40207 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.39572 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41023 |
| 2nd High | 1.40363 |
| Next High | 1.40207 |
| Current Price | 1.39806 |
| Next Low | 1.39572 |
| 2nd Low | 1.39308 |
| 3rd Low | 1.39304 |