USD/CAD – 30M – SELLThe combination moves from the ascending trendline down.
A descending movement downwards to the next support at 1.37855 is expected.
Caution: A possible change in the direction of the resistance level at 1.37998 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38382 |
| 2nd High | 1.38011 |
| Next High | 1.37998 |
| Current Price | 1.38042 |
| Next Low | 1.37855 |
| 2nd Low | 1.37710 |
| 3rd Low | 1.37468 |