USD/CAD – 30M – SELLThe combination moves from the ascending trendline down.
A bearish trend down to the next support line at 1.35799 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.36165 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36230 |
| 2nd High | 1.36226 |
| Next High | 1.36165 |
| Current Price | 1.35928 |
| Next Low | 1.35799 |
| 2nd Low | 1.35664 |
| 3rd Low | 1.35657 |