EUR/CAD – 30M – SELLThe combination goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.49009 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.49841 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50950 |
| 2nd High | 1.50221 |
| Next High | 1.49841 |
| Current Price | 1.49446 |
| Next Low | 1.49009 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |