EUR/CAD – 30M – BUYThe currency pair goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 1.50792 is certain.
Caution: A possible trend reversal in the direction of support at 1.50325 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.50597544 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 1.50792 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50809 |
| Next High | 1.50792 |
| Current Price | 1.50414 |
| Next Low | 1.50325 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49968 |