USD/CAD – 1H – SELLThe pair jumps from the ascending trendline down.
A descent down to the next support line at 1.34720 is certain.
Caution: A possible trend reversal in the direction of resistance at 1.37184 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37381 |
| 2nd High | 1.37368 |
| Next High | 1.37184 |
| Current Price | 1.37525 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |