The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 1.48347 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.49099 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49734 |
2nd High | 1.49437 |
Next High | 1.49099 |
Current Price | 1.48930 |
Next Low | 1.48347 |
2nd Low | 1.48205 |
3rd Low | 1.47371 |