EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.
The bullish trend up to the next resistance at 1.49592 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.49407 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50179 |
| 2nd High | 1.50115 |
| Next High | 1.49592 |
| Current Price | 1.49650 |
| Next Low | 1.49407 |
| 2nd Low | 1.49242 |
| 3rd Low | 1.49102 |