EUR/CAD – 1H – BUYThe pair jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.51576 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.51022 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51576 |
| Current Price | 1.51304 |
| Next Low | 1.51022 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.49357 |