The pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline downwards
A bearish trend down to the next support level at 1.43043 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.44669 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.44669 |
Current Price | 1.43676 |
Next Low | 1.43043 |
2nd Low | 1.42984 |
3rd Low | 1.42222 |