USD/CAD – 30M – SELLThe pair moves from the bullish trendline down.
A bearish descent down to the next support at 1.37710 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.38011 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.38011 |
| Current Price | 1.37931 |
| Next Low | 1.37710 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |