EUR/CAD – 30M – SELLThe pair moves from the ascending trendline downwards
A descending movement down to the next support at 1.50286 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.50568 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50809 |
| 2nd High | 1.50792 |
| Next High | 1.50568 |
| Current Price | 1.50344 |
| Next Low | 1.50286 |
| 2nd Low | 1.50152 |
| 3rd Low | 1.49968 |