USD/CAD – 30M – SELLThe pair goes from the ascending trendline down.
A descent downwards to the next support line at 1.38378 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.38560 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38682 |
| Next High | 1.38560 |
| Current Price | 1.38935 |
| Next Low | 1.38378 |
| 2nd Low | 1.38122 |
| 3rd Low | 1.37851 |