USD/CAD – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the downward movement down to the next support line at 1.34623 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.34949 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34949 |
| Current Price | 1.34757 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |