EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 1.61581 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.61016 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62013 |
| 2nd High | 1.61615 |
| Next High | 1.61581 |
| Current Price | 1.61885 |
| Next Low | 1.61016 |
| 2nd Low | 1.60742 |
| 3rd Low | 1.60627 |
1.61581 – 1.61615 – 1.61556 – 1.61016 – 1.61113 – 1.61167 —
1.61761 – 1.61955 —
71.411678859055 – 79.781985649634 —
– —
1.61581 – 1770602400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – – – – – –