EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 1.6143 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.60742 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62214 |
| 2nd High | 1.617 |
| Next High | 1.6143 |
| Current Price | 1.61297 |
| Next Low | 1.60742 |
| 2nd Low | |
| 3rd Low |
1.6143 – 1.617 – 1.62214 – 1.60742 – 1.61083 – 1.61776 —
1.61168 – 1.61315 —
41.97424001283 – 51.291122472675 —
1.60742 – 1769794200 —
1.61430 – 1769787000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – – – – – –