EUR/CAD – 30M – SELLThe currency pair moves from the descending trendline down.
A continuation of the downward movement down to the next support at 1.49346 will persist.
Caution: A possible change in the direction of the resistance line at 1.49803 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51400 |
| 2nd High | 1.49996 |
| Next High | 1.49803 |
| Current Price | 1.49631 |
| Next Low | 1.49346 |
| 2nd Low | 1.49147 |
| 3rd Low | 1.48611 |