EUR/CAD – 30M – BUYThe currency pair breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 1.49331 will continue.
Caution: A possible trend reversal in the direction of support at 1.49055 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49331 |
| Current Price | 1.49287 |
| Next Low | 1.49055 |
| 2nd Low | 1.49009 |
| 3rd Low | 1.48873 |