EUR/CAD – 1H – BUYAdditionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.62682 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.62594 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63936 |
| 2nd High | 1.62682 |
| Next High | 1.62594 |
| Current Price | 1.62535 |
| Next Low | 1.61609 |
| 2nd Low | 1.60746 |
| 3rd Low | 1.60684 |
1.62594 – 1.62682 – 1.62567 – 1.61609 – 1.61838 – 1.61986 —
1.62580 – 1.62514 —
69.713574274089 – 56.627385337069 —
– —
1.62594 – 1781773200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –