USD/CAD – 30M – SELLThe currency pair jumps from the bullish trendline down.
A bearish movement down to the next support line at 1.37801 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.38051 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.38051 |
| Current Price | 1.37972 |
| Next Low | 1.37801 |
| 2nd Low | 1.37703 |
| 3rd Low | 1.37526 |