EUR/CAD – 30M – SELLThe combination moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 1.48999 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.49518 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49518 |
| Current Price | 1.49361 |
| Next Low | 1.48999 |
| 2nd Low | 1.48735 |
| 3rd Low | 1.48346 |