EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 1.59781 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.59492 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60311 |
| 2nd High | 1.60207 |
| Next High | 1.59781 |
| Current Price | 1.59750 |
| Next Low | 1.59492 |
| 2nd Low | 1.59386 |
| 3rd Low | 1.59351 |
1.59781 – 1.60207 – 1.60311 – 1.59492 – 1.59617 – 1.59386 —
1.59573 – 1.59752 —
30.584027170139 – 48.155523934231 —
– —
1.59781 – 1777516200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –