EUR/CAD – 30M – BUYThe pair breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 1.48440 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.47783 is also possible.
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 | 1.48117 |
| Next Low | 1.47783 |
| 2nd Low | |
| 3rd Low |