EUR/CAD – 30M – BUYThe combination breaks through the descending trendline up.
A bullish movement up to the next resistance line at 1.48234 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 1.47783 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49263 |
| 2nd High | 1.48440 |
| Next High | 1.48234 |
| Current Price | 1.48168 |
| Next Low | 1.47783 |
| 2nd Low | |
| 3rd Low |