USD/CAD – 30M – SELLThe currency pair moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 1.35611 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.35907 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.36002 |
| Next High | 1.35907 |
| Current Price | 1.35910 |
| Next Low | 1.35611 |
| 2nd Low | 1.35503 |
| 3rd Low | 1.35170 |