EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 1.57467 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.56543 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57937 |
| 2nd High | 1.57689 |
| Next High | 1.57467 |
| Current Price | 1.57173 |
| Next Low | 1.56543 |
| 2nd Low | 1.56202 |
| 3rd Low | 1.56118 |
1.57017 – 1.57467 – 1.57128 – 1.56543 – 1.56619 – 1.56202 —
1.57113 – 1.57080 —
55.769714663086 – 52.930996609893 —
– —
1.57017 – 1773633600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –