EUR/CAD – 1H – SELLThe pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.50152 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.50809 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50809 |
| Current Price | 1.50478 |
| Next Low | 1.50152 |
| 2nd Low | 1.49741 |
| 3rd Low | 1.49648 |