USD/CAD – 30M – SELL
The currency pair moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 1.35611 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.35907 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36470 |
2nd High | 1.36002 |
Next High | 1.35907 |
Current Price | 1.35910 |
Next Low | 1.35611 |
2nd Low | 1.35503 |
3rd Low | 1.35170 |