EUR/CAD – 30M – SELLThe currency pair moves from the ascending trendline downwards
A bearish trend downwards to the next support at 1.50067 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.51506 should always be considered.
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 | 1.51506 |
| Current Price | 1.50612 |
| Next Low | 1.50067 |
| 2nd Low | 1.50021 |
| 3rd Low | 1.49899 |