USD/CAD – 1H – SELLThe combination goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 1.35403 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.36165 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36845 |
| 2nd High | 1.36226 |
| Next High | 1.36165 |
| Current Price | 1.35929 |
| Next Low | 1.35403 |
| 2nd Low | 1.34654 |
| 3rd Low | 1.34653 |