USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 1.39251 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 1.39604 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

1.39604 – 1.3977 – 1.39691 – 1.39251 – 1.39571 – 1.39403 —
1.39604 – 1.39561 —
55.497407983421 – 52.174076241088 —
1.39604 – 1764898200 —
– 1764898200

Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –