The combination US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 1.40244 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.4077 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41744 |
| 2nd High | 1.41598 |
| Next High | 1.4077 |
| Current Price | 1.40411 |
| Next Low | 1.40244 |
| 2nd Low | 1.39798 |
| 3rd Low | 1.39502 |
1.4077 – 1.41598 – 1.41744 – 1.40244 – 1.40392 – 1.41248 —
1.40378 – 1.40562 —
38.032140452344 – 52.809884600722 —
– —
1.4077 – 1784127600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –