EUR/CAD – 30M – SELLThe combination Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards
A descent down to the next support level at 1.57101 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.58093 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.59508 |
| 2nd High | 1.58180 |
| Next High | 1.58093 |
| Current Price | 1.57780 |
| Next Low | 1.57101 |
| 2nd Low | 1.55998 |
| 3rd Low | 1.55861 |
1.57490 – 1.56463 – 1.56666 – 1.57101 – 1.55998 – 1.56015
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down