USD/CAD – 30M – SELLThe pair moves from the bullish trendline downwards
A bearish descent downwards to the next support level at 1.38904 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.39374 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39448 |
| Next High | 1.39374 |
| Current Price | 1.39355 |
| Next Low | 1.38904 |
| 2nd Low | 1.38762 |
| 3rd Low | 1.38378 |