USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
A descent downwards to the next support at 1.39932 is expected.
Caution: A possible change in the direction of resistance at 1.40710 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.40710 |
| Current Price | 1.40467 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |