USD/CAD – 1H – SELLThe currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.41591 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.41973 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42348 |
| 2nd High | 1.42241 |
| Next High | 1.41973 |
| Current Price | 1.41980 |
| Next Low | 1.41591 |
| 2nd Low | 1.41499 |
| 3rd Low |
1.41973 – 1.42241 – 1.42348 – 1.41591 – 1.41499 – 1.41778 —
1.41658 – 1.42042 —
33.402326154739 – 61.692137684588 —
1.41591 – 1783065600 —
1.41973 – 1783047600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –