USD/CAD – 1H – SELLThe combination goes from the ascending trendline down.
A bearish movement downwards to the next support at 1.38133 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.38492 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38350 |
| Next Low | 1.38133 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37468 |