EUR/CAD – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 1.50325 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.50792 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50809 |
| Next High | 1.50792 |
| Current Price | 1.50458 |
| Next Low | 1.50325 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49968 |