The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.38879 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.37899 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40142 |
| 2nd High | 1.3977 |
| Next High | 1.38879 |
| Current Price | 1.38630 |
| Next Low | 1.37899 |
| 2nd Low | 1.37512 |
| 3rd Low | 1.37448 |
1.38879 – 1.3815 – 1.37277 – 1.37899 – 1.37512 – 1.37448 —
1.38663 – 1.38676 —
57.761114674038 – 52.781930093606 —
– —
1.38879 – 1767866400
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –