The currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline downwards
A descent downwards to the next support at 1.37253 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.37993 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38445 |
| 2nd High | 1.38329 |
| Next High | 1.37993 |
| Current Price | 1.37699 |
| Next Low | 1.37253 |
| 2nd Low | 1.36696 |
| 3rd Low | 1.36527 |
1.37613 – 1.37352 – 1.37543 – 1.37253 – 1.36696 – 1.37004 —
1.37614 – 1.37847 —
49.801262919533 – 68.058898356 —
– —
1.37613 – 1774344600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –