EUR/CAD – 1H – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 1.59296 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 1.58189 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61566 |
| 2nd High | 1.60421 |
| Next High | 1.59296 |
| Current Price | 1.59253 |
| Next Low | 1.58189 |
| 2nd Low | 1.57176 |
| 3rd Low | 1.57037 |
1.59296 – 1.58265 – 1.58177 – 1.58189 – 1.57176 – 1.5718 —
1.58481 – 1.59304 —
46.596443757764 – 59.124384146837 —
– —
1.59296 – 1773968400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –