USD/CAD – 30M – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline down.
A bearish descent downwards to the next support at 1.36151 is certain.
Caution: A possible change in the direction of the resistance line at 1.36996 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37993 |
| 2nd High | 1.37525 |
| Next High | 1.36996 |
| Current Price | 1.36724 |
| Next Low | 1.36151 |
| 2nd Low | 1.36031 |
| 3rd Low | 1.35931 |
1.36703 – 1.369 – 1.36996 – 1.36151 – 1.36265 – 1.36438 —
1.36921 – 1.36940 —
64.523695989075 – 60.331087256312 —
– —
1.36703 – 1772706600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –