USD/CAD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 1.35415 will continue.
Caution: A possible counter-trend in the direction of resistance at 1.35894 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.36002 |
| Next High | 1.35894 |
| Current Price | 1.35604 |
| Next Low | 1.35415 |
| 2nd Low | 1.35327 |
| 3rd Low | 1.34654 |