EUR/CAD – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 1.50072 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.49573 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50950 |
| 2nd High | 1.50221 |
| Next High | 1.50072 |
| Current Price | 1.49770 |
| Next Low | 1.49573 |
| 2nd Low | 1.49526 |
| 3rd Low | 1.49431 |