USD/CAD – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 1.37468 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.37928 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37787 |
| Next Low | 1.37468 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.37041 |