USD/CAD – 1H – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
A bearish trend downwards to the next support at 0 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.40542 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.40213 – 1.40408 – 1.40361 – 1.40138 – 1.39896 – 1.40015 —
1.40371 – 1.40534 —
57.47652465806 – 61.252934393231 —
– —
1.40213 – 1762963200
Trading Signals: FOREX – USD – USD/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – –