EUR/CAD – 30M – BUYThe pair breaks through the descending trendline up.
An ascent upwards to the next resistance at 1.50587 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.50325 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50809 |
| Next High | 1.50587 |
| Current Price | 1.50648 |
| Next Low | 1.50325 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49968 |