USD/CAD – 30M – SELL
The currency pair jumps from the bullish trendline down.
The bearish trend down to the next support level at 1.36467 will continue.
Caution: A possible change in the direction of the resistance level at 1.36845 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.37381 |
2nd High | 1.37368 |
Next High | 1.36845 |
Current Price | 1.36921 |
Next Low | 1.36467 |
2nd Low | 1.36425 |
3rd Low | 1.36108 |