EUR/CAD – 30M – BUYThe currency pair breaks through the descending trendline up.
An ascending movement up to the next resistance line at 1.49642 will continue.
Caution: A possible reversal of the trend in the direction of support at 1.49009 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50221 |
| 2nd High | 1.49841 |
| Next High | 1.49642 |
| Current Price | 1.49570 |
| Next Low | 1.49009 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |