USD/CAD – 1H – SELLThe pair goes from the ascending trendline down.
A descent down to the next support line at 1.38133 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.38492 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38492 |
| Current Price | 1.38385 |
| Next Low | 1.38133 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37468 |