The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 1.56615 will persist.
Caution: A possible counter-trend in the direction of support at 1.55861 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56615 |
| Current Price | 1.56382 |
| Next Low | 1.55861 |
| 2nd Low | 1.55730 |
| 3rd Low | 1.55350 |
1.56615 – 1.56413 – 1.56369 – 1.55861 – 1.55730 – 1.55877