USD/CAD – 1H – BUY
The pair breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 1.37184 is certain.
Caution: A possible reversal of the trend in the direction of support at 1.34720 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.37381 |
2nd High | 1.37368 |
Next High | 1.37184 |
Current Price | 1.37583 |
Next Low | 1.34720 |
2nd Low | 1.34633 |
3rd Low | 1.34572 |