USD/CAD – 30M – SELLThe combination goes from the ascending trendline downwards
A bearish descent downwards to the next support level at 1.37828 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.38556 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39463 |
| Next High | 1.38556 |
| Current Price | 1.37990 |
| Next Low | 1.37828 |
| 2nd Low | 1.37801 |
| 3rd Low | 1.37703 |