The currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline downwards
A bearish descent downwards to the next support line at 0 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.41092 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.41185 – 1.41043 – 1.41068 – 1.40911 – 1.40889 – 1.40812 —
1.41103 – 1.41142 —
53.932202791445 – 58.884997674029 —
– —
1.41185 – 1764012600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –