The combination Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.47767 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.48032 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48585 |
2nd High | 1.48422 |
Next High | 1.48032 |
Current Price | 1.47816 |
Next Low | 1.47767 |
2nd Low | 1.47653 |
3rd Low | 1.47110 |