The pair US Dollar/Canadian Dollar (USD/CAD) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0 should always be considered.
Consider stop-loss settings accordingly.
Besides a ” indicator layout is detected. The indicator is ”. this is usually a bearish chart scenario. The pair is likely to go down.
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Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.40573 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.4062 – 1.40213 – 1.40408 – 1.3971 – 1.40138 – 1.39896 —
1.40061 – 1.40649 —
48.221066479874 – 73.353792824139 —
– —
1.40620 – 1763445600