EUR/CAD – 30M – SELLThe pair goes from the ascending trendline downwards
A descending movement downwards to the next support at 1.50940 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.51387 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51587 |
| Next High | 1.51387 |
| Current Price | 1.51364 |
| Next Low | 1.50940 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.50364 |