USD/CAD – 1H – SELLThe pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.37246 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.37928 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37499 |
| Next Low | 1.37246 |
| 2nd Low | 1.34720 |
| 3rd Low | 1.34633 |