USD/CAD – 1H – SELL
The currency pair goes from the bullish trendline down.
A descending movement downwards to the next support line at 1.35799 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.36165 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36845 |
2nd High | 1.36226 |
Next High | 1.36165 |
Current Price | 1.35852 |
Next Low | 1.35799 |
2nd Low | 1.35664 |
3rd Low | 1.35647 |