The pair Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.47645 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.48188 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48587 |
2nd High | 1.48246 |
Next High | 1.48188 |
Current Price | 1.47664 |
Next Low | 1.47645 |
2nd Low | 1.47492 |
3rd Low | 1.47177 |