USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
A descending movement down to the next support level at 1.39304 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.39593 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39670 |
| Next High | 1.39593 |
| Current Price | 1.39927 |
| Next Low | 1.39304 |
| 2nd Low | 1.39249 |
| 3rd Low | 1.39166 |