EUR/CAD – 1H – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 1.49526 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.50072 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50950 |
| 2nd High | 1.50221 |
| Next High | 1.50072 |
| Current Price | 1.49624 |
| Next Low | 1.49526 |
| 2nd Low | 1.49009 |
| 3rd Low | 1.48873 |