USD/CAD – 1H – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 1.36587 will continue.
Caution: A possible change in the direction of the resistance zone at 1.37063 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37389 |
| 2nd High | 1.37246 |
| Next High | 1.37063 |
| Current Price | 1.36818 |
| Next Low | 1.36587 |
| 2nd Low | 1.36482 |
| 3rd Low | 1.36369 |
1.37063 – 1.37246 – 1.37172 – 1.36587 – 1.36739 – 1.36482 —
1.36833 – 1.37008 —
52.128013620302 – 62.626865889309 —
– —
1.37063 – 1772024400
Trading Signals: FOREX – USD – USD/CAD – CAD – – Double bottom retreat down – – – – – – – –