EUR/CAD – 30M – BUYThe pair breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 1.49562 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.48999 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49562 |
| Current Price | 1.49653 |
| Next Low | 1.48999 |
| 2nd Low | 1.48735 |
| 3rd Low | 1.48346 |