USD/CAD – 1H – SELL

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 1.35551 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 1.36355 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

1.36355 – 1.36186 – 1.35761 – 1.35551 – 1.35039 – 1.35229 —
1.36122 – 1.36314 —
60.357904508516 – 67.528460139733 —
– —
1.36355 – 1770919200

Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –