EUR/CAD – 30M – BUYThe pair breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 1.50664 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.50021 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.50680 |
| Next High | 1.50664 |
| Current Price | 1.50657 |
| Next Low | 1.50021 |
| 2nd Low | 1.49899 |
| 3rd Low | 1.49357 |