USD/CAD – 1H – SELLThe pair moves from the ascending trendline down.
A bearish movement downwards to the next support line at 1.37246 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.38556 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39463 |
| Next High | 1.38556 |
| Current Price | 1.38142 |
| Next Low | 1.37246 |
| 2nd Low | 1.34720 |
| 3rd Low | 1.34633 |