The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline down.
A bearish descent downwards to the next support at 1.39932 is certain.
Caution: A possible change in the direction of the resistance line at 1.40682 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.40710 |
Next High | 1.40682 |
Current Price | 1.40781 |
Next Low | 1.39932 |
2nd Low | 1.39304 |
3rd Low | 1.39249 |