The currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at is expected.
Caution: A possible reversal of the trend in the direction of support at 1.61154 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.62308 |
| Next Low | 1.61154 |
| 2nd Low | 1.60796 |
| 3rd Low | 1.59283 |
1.62247 – 1.61813 – 1.6123 – 1.61154 – 1.60796 – 1.59283 — 75.659478172321 – 79.111593765549 — 100 – 100 – 99.577097168533 – 100
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom retreat down – –