The pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline downwards
A bearish movement down to the next support at 1.41343 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.41592 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42959 |
| 2nd High | 1.42734 |
| Next High | 1.41592 |
| Current Price | 1.41732 |
| Next Low | 1.41343 |
| 2nd Low | 1.41265 |
| 3rd Low | 1.39951 |
1.41592 – 1.41464 – 1.41226 – 1.41343 – 1.41265 – 1.39951 —
1.41708 – 1.41779 —
69.795059258461 – 68.774530355746 —
– —
1.41592 – 1781856000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –