The pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards
A bearish descent down to the next support line at 1.57019 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.57757 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.58434 |
| 2nd High | 1.57886 |
| Next High | 1.57757 |
| Current Price | 1.57814 |
| Next Low | 1.57019 |
| 2nd Low | 1.56974 |
| 3rd Low | 1.56912 |
1.57641 – 1.57289 – 1.57757 – 1.57019 – 1.56974 – 1.56912