EUR/CAD – 1H – SELLThe pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.47606 will continue.
Caution: A possible counter-trend in the direction of resistance at 1.48445 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49907 |
| 2nd High | 1.49263 |
| Next High | 1.48445 |
| Current Price | 1.48107 |
| Next Low | 1.47606 |
| 2nd Low | |
| 3rd Low |