The currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline down.
The bearish trend downwards to the next support line at 1.42092 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.42435 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.42435 |
Current Price | 1.42310 |
Next Low | 1.42092 |
2nd Low | 1.41309 |
3rd Low | 1.41193 |