The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 1.60382 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.59929 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61831 |
| 2nd High | 1.61186 |
| Next High | 1.60382 |
| Current Price | 1.60116 |
| Next Low | 1.59929 |
| 2nd Low | 1.59654 |
| 3rd Low | 1.59351 |
1.60382 – 1.60235 – 1.61186 – 1.59929 – 1.59654 – 1.60238 —
1.60322 – 1.60214 —
61.779384214852 – 52.593706876829 —
– —
1.60382 – 1777039200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –