The pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
The bearish trend down to the next support at 1.40375 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.40893 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.41449 |
2nd High | 1.41279 |
Next High | 1.40893 |
Current Price | 1.40444 |
Next Low | 1.40375 |
2nd Low | 1.40166 |
3rd Low | 1.39847 |