EUR/CAD – 30M – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.47246 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.48032 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48585 |
| 2nd High | 1.48422 |
| Next High | 1.48032 |
| Current Price | 1.47281 |
| Next Low | 1.47246 |
| 2nd Low | 1.47174 |
| 3rd Low | 1.47110 |