EUR/CAD – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the downtrend down to the next support at 1.50119 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.50251 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50950 |
| 2nd High | 1.50436 |
| Next High | 1.50251 |
| Current Price | 1.50006 |
| Next Low | 1.50119 |
| 2nd Low | 1.49861 |
| 3rd Low | 1.49781 |