USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline down.
The bearish trend down to the next support at is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.38538 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38675 |
| 2nd High | 1.38575 |
| Next High | 1.38538 |
| Current Price | 1.38132 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.38538 – 1.38057 – 1.37877 – 1.37583 – 1.37826 – 1.37877 — 40.713484264536 – 37.500853214528 — 34.296025816048 – 33.53115081953 – 27.816672764495 – 33.814303440165