The pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 1.41591 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.41973 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42241 |
| 2nd High | 1.42187 |
| Next High | 1.41973 |
| Current Price | 1.42012 |
| Next Low | 1.41591 |
| 2nd Low | 1.41499 |
| 3rd Low | 1.41449 |
1.41973 – 1.42187 – 1.42241 – 1.41591 – 1.41499 – 1.41915 —
1.42042 – 1.42064 —
72.544013588461 – 65.112604512031 —
– —
1.41973 – 1783047600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –