The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.62157 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 | 1.62948 |
| Next Low | 1.62157 |
| 2nd Low | 1.62049 |
| 3rd Low | 1.6198 |
1.6275 – 1.62503 – 1.62681 – 1.62157 – 1.62049 – 1.6198 — 46.853316453939 – 50.261282504151 — 9.4210102731619 – 8.8840792558811 – 18.831071455675 – 11.11940426242