EUR/CAD – 30M – SELLThe currency pair goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 1.51237 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.51619 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51619 |
| Current Price | 1.50587 |
| Next Low | 1.51237 |
| 2nd Low | 1.50940 |
| 3rd Low | 1.50410 |