USD/CAD – 30M – SELLThe currency pair goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 1.35415 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.35894 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.36002 |
| Next High | 1.35894 |
| Current Price | 1.35610 |
| Next Low | 1.35415 |
| 2nd Low | 1.35327 |
| 3rd Low | 1.34654 |