EUR/CAD – 30M – SELLThe combination goes from the bullish trendline down.
A bearish descent down to the next support at 1.50940 is considered certain.
Caution: A possible change in the direction of the resistance line at 1.51619 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51619 |
| Current Price | 1.51316 |
| Next Low | 1.50940 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.50364 |