USD/CAD – 30M – SELLThe combination goes from the bullish trendline down.
A bearish descent downwards to the next support at 1.37377 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.37749 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38556 |
| 2nd High | 1.37905 |
| Next High | 1.37749 |
| Current Price | 1.37676 |
| Next Low | 1.37377 |
| 2nd Low | 1.37041 |
| 3rd Low | 1.36467 |