EUR/CAD – 30M – SELLThe combination jumps from the ascending trendline down.
A descent downwards to the next support at 1.49648 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.49878 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50709 |
| 2nd High | 1.49999 |
| Next High | 1.49878 |
| Current Price | 1.49795 |
| Next Low | 1.49648 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |