USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 1.38547 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.38979 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3952 |
| 2nd High | 1.39193 |
| Next High | 1.38979 |
| Current Price | 1.38931 |
| Next Low | 1.38547 |
| 2nd Low | 1.38545 |
| 3rd Low | 1.38504 |
1.38979 – 1.38875 – 1.38837 – 1.38547 – 1.3867 – 1.38678 —
1.38870 – 1.38971 —
52.326652588229 – 59.386909153957 —
– —
1.38979 – 1768332600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –