The combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 1.49948 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.49296 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50590 |
2nd High | 1.50308 |
Next High | 1.49948 |
Current Price | 1.49979 |
Next Low | 1.49296 |
2nd Low | 1.49205 |
3rd Low | 1.48758 |