USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.37544 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.38296 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Die Kombination US Dollar/Canadian Dollar (USD/CAD) tendiert von der absteigenden Trendlinie nach unten.
Eine Fortsetzung des bearigen Trends abwärts zum nächsten Unterstützungs-Level bei 1.37544 wird wahrscheinlich erwartet.
Vorsicht: Eine Umkehr des Trends in Richtung des Widerstands bei 1.38296 könnte eintreten.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 1.37544 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.38296 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38886 |
| 2nd High | 1.38613 |
| Next High | 1.38296 |
| Current Price | 1.37393 |
| Next Low | 1.37544 |
| 2nd Low | 1.37215 |
| 3rd Low | 1.36859 |
1.38296 – 1.38613 – 1.38443 – 1.37846 – 1.38085 – 1.37544
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows