EUR/CAD – 1H – BUYThe combination goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.50247 will persist.
Caution: A possible counter-trend in the direction of support at 1.49650 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51240 |
| 2nd High | 1.50555 |
| Next High | 1.50247 |
| Current Price | 1.50077 |
| Next Low | 1.49650 |
| 2nd Low | 1.49559 |
| 3rd Low | 1.49431 |