EUR/CAD – 30M – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 1.60924 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.6045 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61454 |
| 2nd High | 1.61027 |
| Next High | 1.60924 |
| Current Price | 1.60926 |
| Next Low | 1.6045 |
| 2nd Low | 1.60434 |
| 3rd Low | 1.60219 |
1.60924 – 1.61027 – 1.60817 – 1.6045 – 1.60434 – 1.60464 —
1.61029 – 1.60884 —
75.828896431431 – 59.5617685431 —
– —
1.60924 – 1775496600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –