The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 1.60129 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.60922 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61434 |
| 2nd High | 1.61155 |
| Next High | 1.60922 |
| Current Price | 1.60689 |
| Next Low | 1.60129 |
| 2nd Low | 1.59283 |
| 3rd Low | 1.59114 |
1.60922 – 1.60819 – 1.60526 – 1.60129 – 1.60287 – 1.60262 — 56.326604703566 – 54.562573177265 — 62.474987656246 – 55.533899846678 – 57.402354408669 – 58.934712368875
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Two Crows – – –