EUR/CAD – 1H – BUYThe pair breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.50589 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.49741 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.50589 |
| Current Price | 1.50710 |
| Next Low | 1.49741 |
| 2nd Low | 1.49648 |
| 3rd Low | 1.48873 |