EUR/CAD – 30M – SELLThe pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 1.47686 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.48246 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48896 |
| 2nd High | 1.48587 |
| Next High | 1.48246 |
| Current Price | 1.47751 |
| Next Low | 1.47686 |
| 2nd Low | 1.47492 |
| 3rd Low | 1.47177 |