EUR/CAD – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.50023 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.50577 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50577 |
| Current Price | 1.50225 |
| Next Low | 1.50023 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |