EUR/CAD – 4H – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.
A bullish trend up to the next resistance at 1.56811 will persist.
Caution: A possible change in the direction of the support level at could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57216 |
| 2nd High | 1.57071 |
| Next High | 1.56811 |
| Current Price | 1.56489 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.56811 – 1.57071 – 1.57216 – 1.55730 – 1.55350 – 1.55775
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji