EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.62918 is certain.
Caution: A possible change in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63176 |
| 2nd High | 1.63174 |
| Next High | 1.62918 |
| Current Price | 1.62355 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62918 – 1.62068 – 1.62066 – 1.61473 – 1.61432 – 1.62002 —
1.62270 – 1.62236 —
50.094394433758 – 48.421934855257 —
– —
1.62918 – 1769387400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –