EUR/CAD – 1H – BUYThe currency pair breaks through the descending trendline up.
A bullish movement up to the next resistance level at 1.49999 is considered certain.
Caution: A possible change in the direction of the support zone at 1.49648 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49999 |
| Current Price | 1.49977 |
| Next Low | 1.49648 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |