USD/CAD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 1.38745 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.39064 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39585 |
| 2nd High | 1.39222 |
| Next High | 1.39064 |
| Current Price | 1.38964 |
| Next Low | 1.38745 |
| 2nd Low | 1.38378 |
| 3rd Low | 1.38122 |