EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 1.47547 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.46834 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49251 |
| 2nd High | 1.48563 |
| Next High | 1.47547 |
| Current Price | 1.47603 |
| Next Low | 1.46834 |
| 2nd Low | 1.44868 |
| 3rd Low |