USD/CAD – 1H – SELLThe combination moves from the ascending trendline down.
A bearish movement downwards to the next support level at 1.38762 will continue.
Caution: A possible trend reversal in the direction of resistance at 1.39293 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39293 |
| Current Price | 1.39226 |
| Next Low | 1.38762 |
| 2nd Low | 1.38378 |
| 3rd Low | 1.38122 |