Sell USD/CAD – 30M – SELL

The 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

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