EUR/CAD – 30M – SELLThe combination moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.49692 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.49878 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50709 |
| 2nd High | 1.49999 |
| Next High | 1.49878 |
| Current Price | 1.49763 |
| Next Low | 1.49692 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |