EUR/CAD – 30M – SELLThe pair Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.62498 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.62912 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63378 |
| 2nd High | 1.63009 |
| Next High | 1.62912 |
| Current Price | 1.62815 |
| Next Low | 1.62498 |
| 2nd Low | 1.62079 |
| 3rd Low | 1.61926 |
1.62912 – 1.62861 – 1.63009 – 1.62498 – 1.62613 – 1.62783 —
1.62900 – 1.62872 —
63.038409825374 – 57.003385628488 —
– —
1.62912 – 1763418600