USD/CAD – 30M – SELLThe combination moves from the bullish trendline down.
A descent downwards to the next support line at 1.37710 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.38011 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.38011 |
| Current Price | 1.37959 |
| Next Low | 1.37710 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |