The combination Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.
A descending movement downwards to the next support level at 1.47883 is considered certain.
Caution: A possible change in the direction of resistance at 1.48237 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48587 |
2nd High | 1.48307 |
Next High | 1.48237 |
Current Price | 1.48186 |
Next Low | 1.47883 |
2nd Low | 1.47371 |
3rd Low | 1.47226 |