EUR/CAD – 1H – BUYThe combination breaks through the descending trendline up.
An ascent upwards to the next resistance level at 1.50680 will persist.
Caution: A possible change in the direction of support at 1.49899 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50680 |
| Current Price | 1.50617 |
| Next Low | 1.49899 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |