EUR/CAD – 30M – SELLThe pair moves from the bullish trendline downwards
The bearish trend down to the next support at 1.49968 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.50589 is within the realm of possibility.
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 | 1.50589 |
| Current Price | 1.50629 |
| Next Low | 1.49968 |
| 2nd Low | 1.49913 |
| 3rd Low | 1.49741 |