The combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 1.48350 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.47724 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49263 |
2nd High | 1.48445 |
Next High | 1.48350 |
Current Price | 1.48312 |
Next Low | 1.47724 |
2nd Low | 1.47110 |
3rd Low |