EUR/CAD – 30M – SELLThe currency pair moves from the ascending trendline down.
A descent downwards to the next support level at 1.51012 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.51587 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51587 |
| Current Price | 1.51231 |
| Next Low | 1.51012 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.50364 |