EUR/CAD – 1H – BUYThe currency pair moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.50792 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.50286 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50809 |
| Next High | 1.50792 |
| Current Price | 1.50496 |
| Next Low | 1.50286 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49741 |