The combination Euro/Canadian Dollar (EUR/CAD) moves from the descending trendline downwards
A continuation of the downward movement down to the next support level at 1.48175 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.48667 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 | 1.48667 |
Current Price | 1.48477 |
Next Low | 1.48175 |
2nd Low | 1.47724 |
3rd Low | 1.47110 |