EUR/CAD – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 1.49331 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.48908 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49331 |
| Current Price | 1.49197 |
| Next Low | 1.48908 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |