EUR/CAD – 30M – SELLThe currency pair moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 1.48862 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.50023 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50221 |
| 2nd High | 1.50072 |
| Next High | 1.50023 |
| Current Price | 1.49878 |
| Next Low | 1.48862 |
| 2nd Low | 1.48603 |
| 3rd Low |