The combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 1.63406 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.61738 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.6403 |
| Next High | 1.63406 |
| Current Price | 1.62476 |
| Next Low | 1.61738 |
| 2nd Low | 1.61389 |
| 3rd Low | 1.61154 |
1.63406 – 1.62557 – 1.63127 – 1.61738 – 1.61926 – 1.61389 —
1.61930 – 1.62804 —
37.780734833553 – 51.609826452248 —
– —
1.63406 – 1763064000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –