EUR/CAD – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 1.50152 is expected.
Caution: A possible change in the direction of resistance at 1.50577 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50577 |
| Current Price | 1.50033 |
| Next Low | 1.50152 |
| 2nd Low | 1.50035 |
| 3rd Low | 1.49357 |