USD/CAD – 30M – SELLThe combination moves from the ascending trendline down.
A descending movement down to the next support at 1.35065 will persist.
Caution: A possible trend reversal in the direction of resistance at 1.35393 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35393 |
| Current Price | 1.35274 |
| Next Low | 1.35065 |
| 2nd Low | 1.34720 |
| 3rd Low | 1.34633 |