EUR/CAD – 1H – SELLThe pair moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 1.48862 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.50023 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50221 |
| 2nd High | 1.50072 |
| Next High | 1.50023 |
| Current Price | 1.49848 |
| Next Low | 1.48862 |
| 2nd Low | 1.48603 |
| 3rd Low |