EUR/CAD – 1H – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 1.48941 is certain.
Caution: A possible change in the direction of the support level at 1.48319 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49791 |
| 2nd High | 1.49362 |
| Next High | 1.48941 |
| Current Price | 1.49257 |
| Next Low | 1.48319 |
| 2nd Low | 1.47595 |
| 3rd Low | 1.47371 |