USD/CAD – 30M – BUY
The currency pair breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 1.37381 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 1.37041 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.37472 |
2nd High | 1.37415 |
Next High | 1.37381 |
Current Price | 1.37521 |
Next Low | 1.37041 |
2nd Low | 1.36467 |
3rd Low | 1.36425 |