USD/CAD – 1H – SELLThe pair jumps from the ascending trendline downwards
A descent downwards to the next support level at 1.37851 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.38146 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.38146 |
| Current Price | 1.38176 |
| Next Low | 1.37851 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |