EUR/CAD – 30M – BUYThe combination breaks through the descending trendline up.
The bullish trend up to the next resistance at 1.50122 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.49918 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.50680 |
| Next High | 1.50122 |
| Current Price | 1.50056 |
| Next Low | 1.49918 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |