USD/CAD – 1H – SELLThe pair goes from the ascending trendline downwards
A bearish movement downwards to the next support line at 1.37851 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.38382 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38382 |
| Current Price | 1.38034 |
| Next Low | 1.37851 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |