EUR/CAD – 1H – BUYThe combination breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 1.48440 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 1.48147 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49907 |
| 2nd High | 1.49263 |
| Next High | 1.48440 |
| Current Price | 1.48087 |
| Next Low | 1.48147 |
| 2nd Low | |
| 3rd Low |