USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 1.37833 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.38329 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38785 |
| 2nd High | 1.38445 |
| Next High | 1.38329 |
| Current Price | 1.37348 |
| Next Low | 1.37833 |
| 2nd Low | 1.37815 |
| 3rd Low | 1.37564 |
1.38329 – 1.38445 – 1.38426 – 1.37833 – 1.37815 – 1.38163 —
1.37967 – 1.37679 —
51.825821254974 – 25.007988579997 —
– —
1.38329 – 1769083200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –