The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 1.6275 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.61787 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.6275 |
| Current Price | 1.62114 |
| Next Low | 1.61787 |
| 2nd Low | 1.60129 |
| 3rd Low | 1.59283 |
1.6275 – 1.62503 – 1.62681 – 1.62049 – 1.6198 – 1.62041 — 41.823406444613 – 47.149525145562 — 58.573515739142 – 75.676273962899 – 51.36538553449 – 59.817542089334
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – –