USD/CAD – 1H – SELLThe combination goes from the ascending trendline down.
A descending movement down to the next support level at 1.37468 will continue.
Caution: A possible change in the direction of the resistance zone at 1.37928 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37921 |
| Next Low | 1.37468 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.34720 |