EUR/CAD – 30M – SELLThe combination goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 1.50991 is considered certain.
Caution: A possible change in the direction of the resistance line at 1.51653 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51674 |
| Next High | 1.51653 |
| Current Price | 1.51404 |
| Next Low | 1.50991 |
| 2nd Low | 1.49713 |
| 3rd Low | 1.48862 |