The currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 1.40292 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 1.40579 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41598 |
| 2nd High | 1.4077 |
| Next High | 1.40579 |
| Current Price | 1.40289 |
| Next Low | 1.40292 |
| 2nd Low | 1.40101 |
| 3rd Low | 1.39951 |
1.40579 – 1.40534 – 1.4077 – 1.40292 – 1.40101 – 1.40244 —
1.40380 – 1.40378 —
47.206707058834 – 43.175528176022 —
– —
1.40579 – 1784232000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –