The combination Euro/Canadian Dollar (EUR/CAD) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 1.56666 is considered certain.
Caution: A possible counter-trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56666 |
| Current Price | 1.56334 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.56666 – 1.56615 – 1.56413 – 1.56088 – 1.55861 – 1.55730