The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 1.49943 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.49387 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50179 |
2nd High | 1.50115 |
Next High | 1.49943 |
Current Price | 1.49242 |
Next Low | 1.49387 |
2nd Low | 1.49242 |
3rd Low | 1.49102 |