USD/CAD – 30M – SELLThe currency pair moves from the ascending trendline down.
A descent downwards to the next support at 1.38211 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.38492 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38276 |
| Next Low | 1.38211 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37710 |