EUR/CAD – 1H – SELLThe currency pair moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 1.50286 will continue.
Caution: A possible change in the direction of resistance at 1.50792 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 1.50535004 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 1.50792 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50809 |
| Next High | 1.50792 |
| Current Price | 1.50437 |
| Next Low | 1.50286 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49741 |