USD/CAD – 30M – SELLThe combination jumps from the bullish trendline downwards
A descent downwards to the next support line at 1.38378 is considered certain.
Caution: A possible change in the direction of the resistance zone at 1.38560 is also possible.
Consider stop-loss settings accordingly.
| 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 |