The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline downwards
A bearish movement down to the next support at 1.41588 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.41814 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.41947 |
2nd High | 1.41939 |
Next High | 1.41814 |
Current Price | 1.41808 |
Next Low | 1.41588 |
2nd Low | 1.41554 |
3rd Low | 1.40930 |