The pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.62984 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.62036 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63176 |
| 2nd High | 1.63174 |
| Next High | 1.62984 |
| Current Price | 1.63112 |
| Next Low | 1.62036 |
| 2nd Low | 1.61473 |
| 3rd Low | 1.61432 |
1.62984 – 1.62918 – 1.62068 – 1.62716 – 1.62036 – 1.61473 —
1.62960 – 1.63121 —
64.277075525763 – 68.310877487867 —
– —
1.62984 – 1769464800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –