USD/CAD – 30M – SELL

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

A continuation of the downward movement down to the next support line at 1.36573 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.36996 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.366395 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 1.36996 could happen.
In the case of a trade, always set appropriate stop-loss settings.

1.36996 – 1.36928 – 1.36838 – 1.36573 – 1.36283 – 1.36321 —
1.36922 – 1.36855 —
52.782759046529 – 54.292631508009 —
– —
1.36996 – 1770292800

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