Sell USD/CAD – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 1.38163 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 1.38445 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.39284
2nd High 1.38785
Next High 1.38445
Current Price 1.38175
Next Low 1.38163
2nd Low 1.37852
3rd Low 1.37564

1.38445 – 1.38426 – 1.38426 – 1.38163 – 1.37852 – 1.38235 —
1.38231 – 1.38301 —
44.568667169584 – 50.989340248073 —
– —
1.38445 – 1769047200

Trading Signals:

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