USD/CAD – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 1.37855 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.37998 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38382 |
| 2nd High | 1.38011 |
| Next High | 1.37998 |
| Current Price | 1.37888 |
| Next Low | 1.37855 |
| 2nd Low | 1.37710 |
| 3rd Low | 1.37468 |