USD/CAD – 1H – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline downwards
A bearish movement down to the next support level at 1.40930 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.41765 |
| Next Low | 1.40930 |
| 2nd Low | 1.40100 |
| 3rd Low | 1.40089 |