The combination Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards
A bearish descent down to the next support level at 1.62498 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.63378 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.6403 |
| Next High | 1.63378 |
| Current Price | 1.62794 |
| Next Low | 1.62498 |
| 2nd Low | 1.62079 |
| 3rd Low | 1.61926 |
1.63378 – 1.62557 – 1.63101 – 1.62498 – 1.62079 – 1.61926 —
1.62679 – 1.62870 —
41.051409478894 – 53.865208549798 —
1.62498 – 1763398800 —
1.63378 – 1763132400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – –