EUR/CAD – 30M – SELLThe combination moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.48995 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.49354 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49354 |
| Current Price | 1.49177 |
| Next Low | 1.48995 |
| 2nd Low | 1.48908 |
| 3rd Low | 1.48873 |