EUR/CAD – 1H – BUY

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The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.

An ascent up to the next resistance level at 1.61434 is expected.

Caution: A possible change in the direction of the support level at 1.60262 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance	Price Range*
3rd High
2nd High	1.62247
Next High	1.61434
Current Price	1.60912
Next Low	1.60262
2nd Low	1.59283
3rd Low	1.59114

1.60819 – 1.61434 – 1.62247 – 1.60262 – 1.60272 – 1.60854 — 56.807189087135 – 60.881368381429 — 32.961703199798 – 46.582166949748 – 32.616318132191 – 37.791603310956

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Triple bottom chart pattern – –