USD/CAD – 1H – SELLThe pair moves from the bullish trendline downwards
A bearish trend down to the next support line at 1.37851 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.38492 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38282 |
| Next Low | 1.37851 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |