The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 1.62477 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1.60746 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6403 |
| 2nd High | 1.63936 |
| Next High | 1.62477 |
| Current Price | 1.62217 |
| Next Low | 1.60746 |
| 2nd Low | 1.60684 |
| 3rd Low | 1.60439 |
1.61995 – 1.61121 – 1.6138 – 1.60746 – 1.60684 – 1.60847 —
1.62251 – 1.62414 —
73.870763032648 – 59.203131548379 —
– —
1.61995 – 1781265600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –