USD/CAD – 30M – SELLThe currency pair goes from the bullish trendline down.
A descending movement downwards to the next support line at 1.37828 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.38051 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.38051 |
| Current Price | 1.38081 |
| Next Low | 1.37828 |
| 2nd Low | 1.37801 |
| 3rd Low | 1.37703 |