USD/CAD – 30M – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline downwards
A continuation of the downward movement down to the next support level at 1.38456 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.39355 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3952 |
| 2nd High | 1.3945 |
| Next High | 1.39355 |
| Current Price | 1.39282 |
| Next Low | 1.38456 |
| 2nd Low | 1.38209 |
| 3rd Low | 1.37724 |
1.39355 – 1.3945 – 1.39027 – 1.38456 – 1.38209 – 1.37724 —
1.39266 – 1.39320 —
45.578882874129 – 57.988931054621 —
– —
1.39355 – 1774926000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –