The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 1.48445 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.47606 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49907 |
2nd High | 1.49263 |
Next High | 1.48445 |
Current Price | 1.47817 |
Next Low | 1.47606 |
2nd Low | |
3rd Low |