The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards
An ascent up to the next resistance at 1.58798 is certain.
Caution: A possible change in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60421 |
| 2nd High | 1.59276 |
| Next High | 1.58798 |
| Current Price | 1.58674 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.58798 – 1.58682 – 1.59276 – 1.58123 – 1.58535 – 1.58436 —
1.58705 – 1.58654 —
58.606212304171 – 50.728227695021 —
– —
1.58798 – 1772739000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –