EUR/CAD – 30M – BUYThe pair moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 1.51587 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.51051 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Current target is 1.5114291 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.51587 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51587 |
| Current Price | 1.51096 |
| Next Low | 1.51051 |
| 2nd Low | 1.51022 |
| 3rd Low | 1.50410 |