USD/CAD – 30M – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.38085 is expected.
Caution: A possible change in the direction of the resistance line at 1.38443 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38981 |
| 2nd High | 1.38886 |
| Next High | 1.38443 |
| Current Price | 1.38293 |
| Next Low | 1.38085 |
| 2nd Low | 1.37544 |
| 3rd Low | 1.37215 |
1.38443 – 1.38383 – 1.38355 – 1.38085 – 1.37544 – 1.37215