The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 1.38054 is certain.
Caution: A possible counter-trend in the direction of support at 1.37 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38717 |
| 2nd High | 1.38225 |
| Next High | 1.38054 |
| Current Price | 1.37825 |
| Next Low | 1.37 |
| 2nd Low | 1.3688 |
| 3rd Low | 1.36571 |
1.37277 – 1.37086 – 1.37009 – 1.37 – 1.3688 – 1.36571 —
1.37686 – 1.37776 —
71.948842985517 – 61.379275452311 —
– —
1.37277 – 1767211200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –