The combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 1.60235 is certain.
Caution: A possible trend reversal in the direction of the support zone at 1.59916 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60872 |
| 2nd High | 1.60498 |
| Next High | 1.60235 |
| Current Price | 1.60124 |
| Next Low | 1.59916 |
| 2nd Low | 1.59654 |
| 3rd Low | 1.59351 |
1.60235 – 1.60498 – 1.60872 – 1.59916 – 1.59654 – 1.59925 —
1.60094 – 1.60155 —
54.510470800647 – 53.898387350633 —
– —
1.60235 – 1776972600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –