USD/CAD – 1H – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 1.39308 is considered certain.
Caution: A possible change in the direction of the resistance zone at 1.39779 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40363 |
| 2nd High | 1.40142 |
| Next High | 1.39779 |
| Current Price | 1.39723 |
| Next Low | 1.39308 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |