EUR/CAD – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish descent downwards to the next support at 1.48999 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.50709 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50709 |
| Current Price | 1.49522 |
| Next Low | 1.48999 |
| 2nd Low | 1.48735 |
| 3rd Low | 1.48346 |