EUR/CAD – 1H – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.56413 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 1.55730 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56413 |
| Current Price | 1.56461 |
| Next Low | 1.55730 |
| 2nd Low | 1.55350 |
| 3rd Low | 1.54829 |
1.56413 – 1.56811 – 1.56402 – 1.55730 – 1.55877 – 1.55887
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji