EUR/CAD – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish movement down to the next support level at 1.50067 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.50977 should always be considered.
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 | 1.50977 |
| Current Price | 1.50754 |
| Next Low | 1.50067 |
| 2nd Low | 1.50021 |
| 3rd Low | 1.49899 |