EUR/CAD – 1H – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 1.61666 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.61185 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61791 |
| 2nd High | 1.61783 |
| Next High | 1.61666 |
| Current Price | 1.61791 |
| Next Low | 1.61185 |
| 2nd Low | 1.61046 |
| 3rd Low | 1.60627 |
1.61666 – 1.61535 – 1.61308 – 1.61185 – 1.61046 – 1.60627 —
1.61458 – 1.61837 —
52.19751613501 – 69.066947461879 —
1.61185 – 1767801600 —
1.61666 – 1767758400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Head and Shoulder chart pattern – – – – – – – –