EUR/CAD – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 1.49675 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.48873 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49675 |
| Current Price | 1.49673 |
| Next Low | 1.48873 |
| 2nd Low | 1.48603 |
| 3rd Low | 1.48346 |