USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline downwards
A bearish movement downwards to the next support at 1.40281 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.40495 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41047 |
| 2nd High | 1.41006 |
| Next High | 1.40495 |
| Current Price | 1.40334 |
| Next Low | 1.40281 |
| 2nd Low | 1.3971 |
| 3rd Low | 1.39265 |
1.40495 – 1.41006 – 1.41047 – 1.40281 – 1.40283 – 1.40344 —
1.40308 – 1.40331 —
39.156773345079 – 49.608269562022 —
– —
1.40495 – 1764244800
Trading Signals: FOREX – USD – USD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –