EUR/CAD – 30M – SELLThe combination moves from the ascending trendline down.
A bearish descent down to the next support level at 1.49781 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.50038 should always be considered.
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 | 1.50038 |
| Current Price | 1.49950 |
| Next Low | 1.49781 |
| 2nd Low | 1.48862 |
| 3rd Low | 1.48603 |