USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at will persist.
Caution: A possible trend reversal in the direction of the resistance line at 1.35854 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36063 |
| 2nd High | 1.36013 |
| Next High | 1.35854 |
| Current Price | 1.35870 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35854 – 1.36013 – 1.35809 – 1.35545 – 1.35418 – 1.35599 —
1.35693 – 1.35930 —
48.15316721822 – 68.646913977287 —
– —
1.35854 – 1773185400
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –