EUR/CAD – 30M – BUYThe currency pair goes from the descending trendline upwards
A bullish ascent up to the next resistance at 1.51400 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.50969 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51696 |
| Next High | 1.51400 |
| Current Price | 1.51252 |
| Next Low | 1.50969 |
| 2nd Low | 1.49713 |
| 3rd Low | 1.48862 |