EUR/CAD – 30M – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 1.49943 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.49387 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| 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 |