USD/CAD – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 1.35664 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.36072 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36845 |
| 2nd High | 1.36226 |
| Next High | 1.36072 |
| Current Price | 1.35964 |
| Next Low | 1.35664 |
| 2nd Low | 1.35647 |
| 3rd Low | 1.35644 |