The pair US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.44352 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.43439 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.44669 |
Next High | 1.44352 |
Current Price | 1.43892 |
Next Low | 1.43439 |
2nd Low | 1.43043 |
3rd Low | 1.42984 |