USD/CAD – 30M – SELLThe currency pair moves from the ascending trendline downwards
A bearish trend downwards to the next support at 1.37377 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.37749 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38556 |
| 2nd High | 1.37905 |
| Next High | 1.37749 |
| Current Price | 1.37565 |
| Next Low | 1.37377 |
| 2nd Low | 1.37041 |
| 3rd Low | 1.36467 |