EUR/CAD – 1H – BUYThe pair breaks through the descending trendline upwards
A bullish movement up to the next resistance at 1.49999 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.48873 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49999 |
| Current Price | 1.49857 |
| Next Low | 1.48873 |
| 2nd Low | 1.48603 |
| 3rd Low | 1.47999 |