EUR/CAD – 30M – SELLThe combination jumps from the ascending trendline down.
The bearish trend downwards to the next support level at 1.49713 is expected.
Caution: A possible change in the direction of the resistance line at 1.51619 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.51756 |
| Next High | 1.51619 |
| Current Price | 1.51557 |
| Next Low | 1.49713 |
| 2nd Low | 1.48862 |
| 3rd Low | 1.48603 |