EUR/CAD – 30M – BUYThe combination breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 1.50221 will continue.
Caution: A possible counter-trend in the direction of the support zone at 1.49329 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50950 |
| Next High | 1.50221 |
| Current Price | 1.49648 |
| Next Low | 1.49329 |
| 2nd Low | 1.49280 |
| 3rd Low | 1.48873 |