USD/CAD – 30M – SELLThe combination goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 1.37703 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.37890 could be enabled.
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 | 1.37890 |
| Current Price | 1.37948 |
| Next Low | 1.37703 |
| 2nd Low | 1.37526 |
| 3rd Low | 1.37246 |