The combination Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.
A descent down to the next support at 1.47750 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.48221 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48896 |
2nd High | 1.48587 |
Next High | 1.48221 |
Current Price | 1.47967 |
Next Low | 1.47750 |
2nd Low | 1.47492 |
3rd Low | 1.47177 |