USD/CAD – 30M – SELLThe combination moves from the ascending trendline down.
A bearish trend down to the next support line at 1.37710 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.38011 could occur.
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 | 1.37921 |
| Next Low | 1.37710 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |