USD/CAD – 30M – SELLThe combination jumps from the ascending trendline down.
A descending movement down to the next support line at 1.37851 is certain.
Caution: A possible change in the direction of resistance at 1.38382 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38382 |
| Current Price | 1.38002 |
| Next Low | 1.37851 |
| 2nd Low | 1.37710 |
| 3rd Low | 1.37468 |