EUR/CAD – 30M – BUYThe combination breaks through the descending trendline up.
A bullish movement up to the next resistance level at 1.49803 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 1.49346 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51400 |
| 2nd High | 1.49996 |
| Next High | 1.49803 |
| Current Price | 1.49714 |
| Next Low | 1.49346 |
| 2nd Low | 1.49147 |
| 3rd Low | 1.48611 |