USD/CAD – 30M – SELLThe combination moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 1.37696 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.37928 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37722 |
| Next Low | 1.37696 |
| 2nd Low | 1.37526 |
| 3rd Low | 1.37246 |