EUR/CAD – 30M – BUYThe combination breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 1.50555 is expected.
Caution: A possible trend reversal in the direction of support at 1.49357 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51240 |
| 2nd High | 1.50589 |
| Next High | 1.50555 |
| Current Price | 1.50401 |
| Next Low | 1.49357 |
| 2nd Low | 1.49162 |
| 3rd Low | 1.48881 |