USD/CAD – 30M – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline down.
The bearish trend down to the next support level at 1.42222 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.42504 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.42715 |
| Next High | 1.42504 |
| Current Price | 1.42768 |
| Next Low | 1.42222 |
| 2nd Low | 1.42190 |
| 3rd Low | 1.42165 |