USD/CAD – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline downwards

The bearish trend down to the next support at 1.40413 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 1.40649 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

1.40649 – 1.4062 – 1.40576 – 1.40413 – 1.3971 – 1.40235 —
1.40608 – 1.40601 —
67.08810879382 – 64.431136276664 —
– —
1.40649 – 1763580600

Trading Signals: FOREX – USD – USD/CAD – CAD – – Rising Wedge Chart Pattern – – – –