USD/CAD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.35802 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.35979 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36226 |
| 2nd High | 1.36072 |
| Next High | 1.35979 |
| Current Price | 1.35834 |
| Next Low | 1.35802 |
| 2nd Low | 1.35664 |
| 3rd Low | 1.35657 |