USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.39239 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.39665 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40142 |
| 2nd High | 1.3977 |
| Next High | 1.39665 |
| Current Price | 1.39021 |
| Next Low | 1.39239 |
| 2nd Low | 1.39161 |
| 3rd Low | 1.38456 |
1.39665 – 1.39355 – 1.3945 – 1.39239 – 1.39161 – 1.38456 —
1.39182 – 1.39114 —
41.568252006555 – 40.893374685442 —
– —
1.39665 – 1774978200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –