USD/CAD – 1H – SELLThe combination goes from the ascending trendline downwards
A descending movement down to the next support level at 1.34894 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.35393 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.35393 |
| Current Price | 1.34891 |
| Next Low | 1.34894 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |