USD/CAD – 1H – SELLThe combination jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 1.34633 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.35393 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.35393 |
| Current Price | 1.34788 |
| Next Low | 1.34633 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |