USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline down.
A descent downwards to the next support level at 1.40166 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.40490 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40775 |
| 2nd High | 1.40651 |
| Next High | 1.40490 |
| Current Price | 1.40344 |
| Next Low | 1.40166 |
| 2nd Low | 1.39847 |
| 3rd Low | 1.39802 |