EUR/CAD – 1H – BUYThe currency pair breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.48440 is certain.
Caution: A possible trend reversal in the direction of support at 1.47783 should be noted.
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 | 1.48211 |
| Next Low | 1.47783 |
| 2nd Low | |
| 3rd Low |