USD/CAD – 30M – SELLThe pair moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 1.34623 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.34894 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34866 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |