USD/CAD – 30M – SELLThe currency pair goes from the bullish trendline down.
A bearish trend downwards to the next support at 1.36425 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.36748 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37368 |
| 2nd High | 1.36845 |
| Next High | 1.36748 |
| Current Price | 1.36649 |
| Next Low | 1.36425 |
| 2nd Low | 1.36108 |
| 3rd Low | 1.35783 |