EUR/CAD – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 1.49592 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.48873 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50709 |
| 2nd High | 1.49675 |
| Next High | 1.49592 |
| Current Price | 1.49567 |
| Next Low | 1.48873 |
| 2nd Low | 1.48603 |
| 3rd Low | 1.48346 |