EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.48445 will continue.
Caution: A possible trend reversal in the direction of support at 1.47870 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 | 1.48445 |
| Current Price | 1.47898 |
| Next Low | 1.47870 |
| 2nd Low | 1.47783 |
| 3rd Low |