USD/CAD – 30M – SELLThe pair goes from the ascending trendline downwards
A bearish trend down to the next support line at 1.38904 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.39293 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39293 |
| Current Price | 1.39110 |
| Next Low | 1.38904 |
| 2nd Low | 1.38762 |
| 3rd Low | 1.38378 |