EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 1.57128 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.56676 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57937 |
| 2nd High | 1.57175 |
| Next High | 1.57128 |
| Current Price | 1.56712 |
| Next Low | 1.56676 |
| 2nd Low | 1.56663 |
| 3rd Low | 1.56118 |
1.57128 – 1.57175 – 1.57937 – 1.56676 – 1.56663 – 1.5751 —
1.57042 – 1.56531 —
48.413400515981 – 25.338313956467 —
– —
1.57128 – 1773363600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –