EUR/CAD – 30M – SELLThe pair goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 1.50035 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.50449 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50449 |
| Current Price | 1.50209 |
| Next Low | 1.50035 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |