Sell USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline down.

A bearish descent downwards to the next support line at 1.41026 will persist.

Caution: A possible change in the direction of the resistance line at 1.41185 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.41396
2nd High 1.41258
Next High 1.41185
Current Price 1.41047
Next Low 1.41026
2nd Low 1.40911
3rd Low 1.40889

1.41185 – 1.41043 – 1.41068 – 1.41026 – 1.40911 – 1.40889 —
1.41155 – 1.41155 —
48.298059899625 – 49.533963208428 —
– —
1.41185 – 1764012600

Trading Signals:

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