EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.56666 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.55998 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56666 |
| Current Price | 1.57026 |
| Next Low | 1.55998 |
| 2nd Low | 1.55861 |
| 3rd Low | 1.55730 |
1.56463 – 1.56666 – 1.56615 – 1.55998 – 1.56015 – 1.56140
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji