USD/CAD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.39166 will persist.
Caution: A possible trend reversal in the direction of resistance at 1.39670 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39670 |
| Current Price | 1.39387 |
| Next Low | 1.39166 |
| 2nd Low | 1.39142 |
| 3rd Low | 1.39103 |