USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline down.

A descent downwards to the next support line at 1.39036 is certain.

Caution: A possible counter-trend in the direction of resistance at 1.39295 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

1.39295 – 1.39481 – 1.3949 – 1.39036 – 1.3902 – 1.39322 —
1.39239 – 1.39277 —
53.230242512811 – 55.710739242941 —
– —
1.39295 – 1775538000

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