USD/CAD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 1.35799 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.36165 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36230 |
| 2nd High | 1.36226 |
| Next High | 1.36165 |
| Current Price | 1.35924 |
| Next Low | 1.35799 |
| 2nd Low | 1.35664 |
| 3rd Low | 1.35657 |