EUR/CAD – 1H – SELLThe pair Euro/Canadian Dollar (EUR/CAD) jumps from the ascending trendline down.
A descending movement down to the next support at 1.60647 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.61230 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.61230 |
| Current Price | 1.61111 |
| Next Low | 1.60647 |
| 2nd Low | 1.59283 |
| 3rd Low | 1.59114 |
1.61118 – 1.61230 – 1.60486 – 1.60647 – 1.59283 – 1.60168 — 70.328687327185 – 61.892914382607 — 100 – 81.159123954925 – 96.373837667455 – 91.906626818702
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – –