USD/CAD – 30M – SELLThe combination goes from the descending trendline downwards
A continuation of the downward movement down to the next support level at 1.38418 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.38973 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39583 |
| 2nd High | 1.39478 |
| Next High | 1.38973 |
| Current Price | 1.38966 |
| Next Low | 1.38418 |
| 2nd Low | 1.38182 |
| 3rd Low | 1.38122 |