EUR/CAD – 1H – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 1.6002 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.60566 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61831 |
| 2nd High | 1.61186 |
| Next High | 1.60566 |
| Current Price | 1.60507 |
| Next Low | 1.6002 |
| 2nd Low | 1.59055 |
| 3rd Low | 1.59029 |
1.60566 – 1.60287 – 1.59535 – 1.6002 – 1.59055 – 1.59029 —
1.60230 – 1.60658 —
48.559383263879 – 70.32847427518 —
– —
1.60566 – 1778176800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –