The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 1.56666 is expected.
Caution: A possible trend reversal in the direction of the support zone at 1.56015 could be enabled.
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 | 1.56666 |
| Current Price | 1.56512 |
| Next Low | 1.56015 |
| 2nd Low | 1.55861 |
| 3rd Low | 1.55730 |
1.56463 – 1.56666 – 1.56615 – 1.56015 – 1.56140 – 1.56088
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji