EUR/CAD – 30M – BUYThe currency pair breaks through the descending trendline upwards
An ascent upwards to the next resistance at 1.49354 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.48862 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49354 |
| Current Price | 1.49352 |
| Next Low | 1.48862 |
| 2nd Low | 1.48603 |
| 3rd Low |