EUR/CAD – 30M – SELLThe combination Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline down.
A descending movement downwards 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 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49907 |
| 2nd High | 1.49263 |
| Next High | 1.48667 |
| Current Price | 1.48507 |
| Next Low | 1.48175 |
| 2nd Low | 1.47724 |
| 3rd Low | 1.47110 |