The pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline down.
The bearish trend downwards to the next support line at 1.41588 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.41814 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.41947 |
2nd High | 1.41939 |
Next High | 1.41814 |
Current Price | 1.41850 |
Next Low | 1.41588 |
2nd Low | 1.41554 |
3rd Low | 1.40930 |