The pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 1.39314 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.39707 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39952 |
| 2nd High | 1.39859 |
| Next High | 1.39707 |
| Current Price | 1.39518 |
| Next Low | 1.39314 |
| 2nd Low | 1.39067 |
| 3rd Low | 1.3896 |
1.39707 – 1.39602 – 1.39623 – 1.39314 – 1.39385 – 1.39406 —
51.47111427693 – 47.513259742456 —
70.684364435604 – 58.106863487606 – 78.181848546933 – 69.784161775193