The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.
A bearish trend down to the next support at 1.60129 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.61155 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62035 |
| 2nd High | 1.61434 |
| Next High | 1.61155 |
| Current Price | 1.60935 |
| Next Low | 1.60129 |
| 2nd Low | 1.59283 |
| 3rd Low | 1.59114 |
1.60922 – 1.60819 – 1.60526 – 1.60129 – 1.60287 – 1.60262 — 50.286081277734 – 49.798309239892 — 33.308184727938 – 18.952903520805 – 55.04427566085 – 35.518632267249
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Southern Doji – Triple bottom chart pattern – –