EUR/CAD – 1H – SELLThe pair jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 1.48908 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.49354 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 | 1.49354 |
| Current Price | 1.49154 |
| Next Low | 1.48908 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |