EUR/CAD – 1H – BUYThe pair breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 1.49396 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.47999 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49396 |
| Current Price | 1.49168 |
| Next Low | 1.47999 |
| 2nd Low | 1.47267 |
| 3rd Low |