EUR/CAD – 30M – SELLThe combination moves from the ascending trendline down.
A bearish movement downwards to the next support line at 1.50940 is expected.
Caution: A possible change in the direction of the resistance zone at 1.51387 could occur.
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 | 1.51428 |
| Next Low | 1.50940 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.50364 |