USD/CAD – 30M – SELLThe currency pair jumps from the ascending trendline down.
A bearish descent down to the next support line at 1.35170 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.35593 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.35593 |
| Current Price | 1.35585 |
| Next Low | 1.35170 |
| 2nd Low | 1.35065 |
| 3rd Low | 1.34720 |