USD/CAD – 30M – SELL
The combination goes from the ascending trendline down.
A bearish trend downwards to the next support at 1.35799 is expected.
Caution: A possible change in the direction of the resistance line at 1.36165 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36230 |
2nd High | 1.36226 |
Next High | 1.36165 |
Current Price | 1.35875 |
Next Low | 1.35799 |
2nd Low | 1.35664 |
3rd Low | 1.35657 |