USD/CAD – 1H – SELLThe currency pair jumps from the ascending trendline downwards
A descending movement down to the next support level at 1.34720 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.35817 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.35894 |
| Next High | 1.35817 |
| Current Price | 1.35331 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |