EUR/CAD – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 1.49346 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.49803 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51400 |
| 2nd High | 1.49996 |
| Next High | 1.49803 |
| Current Price | 1.49683 |
| Next Low | 1.49346 |
| 2nd Low | 1.49147 |
| 3rd Low | 1.48611 |