The pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 1.47874 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.45943 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48422 |
2nd High | 1.48032 |
Next High | 1.47874 |
Current Price | 1.48141 |
Next Low | 1.45943 |
2nd Low | 1.45355 |
3rd Low | 1.44868 |