EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 1.48010 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.47766 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48896 |
| 2nd High | 1.48587 |
| Next High | 1.48010 |
| Current Price | 1.47947 |
| Next Low | 1.47766 |
| 2nd Low | 1.47492 |
| 3rd Low | 1.47177 |