USD/CAD – 1H – SELL
The combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 1.35664 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.36072 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36845 |
2nd High | 1.36226 |
Next High | 1.36072 |
Current Price | 1.35964 |
Next Low | 1.35664 |
2nd Low | 1.35647 |
3rd Low | 1.35644 |