USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at 1.38678 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.38944 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3952 |
| 2nd High | 1.39193 |
| Next High | 1.38944 |
| Current Price | 1.38769 |
| Next Low | 1.38678 |
| 2nd Low | 1.38669 |
| 3rd Low | 1.38645 |
1.38837 – 1.38944 – 1.39193 – 1.38678 – 1.38669 – 1.3883 —
1.38713 – 1.38862 —
41.892802634779 – 62.164777898177 —
– —
1.38837 – 1768269600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –