USD/CAD – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 1.37493 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.37928 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37499 |
| Next Low | 1.37493 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.37041 |