EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 1.48667 will continue.
Caution: A possible counter-trend in the direction of the support zone at 1.48175 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.48667 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.48667 should be noted.
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 | 1.48667 |
| Current Price | 1.48440 |
| Next Low | 1.48175 |
| 2nd Low | 1.47724 |
| 3rd Low | 1.47110 |