EUR/CAD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downward movement down to the next support at 1.48862 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.49354 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49354 |
| Current Price | 1.49141 |
| Next Low | 1.48862 |
| 2nd Low | 1.48603 |
| 3rd Low |