EUR/CAD – 30M – BUYThe combination goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 1.50436 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.50119 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50950 |
| Next High | 1.50436 |
| Current Price | 1.50213 |
| Next Low | 1.50119 |
| 2nd Low | 1.49861 |
| 3rd Low | 1.49781 |