USD/CAD – 30M – SELLThe currency pair moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 1.35415 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.35894 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.36002 |
| Next High | 1.35894 |
| Current Price | 1.35654 |
| Next Low | 1.35415 |
| 2nd Low | 1.35327 |
| 3rd Low | 1.34654 |