USD/CAD – 30M – SELLThe combination jumps from the ascending trendline downwards
A bearish descent downwards to the next support level at 1.34894 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.35375 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35375 |
| Current Price | 1.35243 |
| Next Low | 1.34894 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34623 |