USD/CAD – 4H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 1.37104 will persist.
Caution: A possible reversal of the trend in the direction of support at 1.35499 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38775 |
| 2nd High | 1.37142 |
| Next High | 1.37104 |
| Current Price | 1.35887 |
| Next Low | 1.35499 |
| 2nd Low | 1.35252 |
| 3rd Low | 1.35039 |
1.37104 – 1.37142 – 1.38775 – 1.35499 – 1.35971 – 1.36308 —
1.36270 – 1.36031 —
51.269545888517 – 36.698174175536 —
– —
1.37104 – 1777478400
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –