EUR/CAD – 30M – BUYThe pair breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.51387 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 1.50940 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51587 |
| Next High | 1.51387 |
| Current Price | 1.51399 |
| Next Low | 1.50940 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.50364 |