EUR/CAD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 1.50325 will continue.
Caution: A possible counter-trend in the direction of resistance at 1.50587 is within the realm of possibility.
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 | 1.50587 |
| Current Price | 1.50519 |
| Next Low | 1.50325 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49968 |