EUR/CAD – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.50555 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.49357 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51240 |
| 2nd High | 1.50589 |
| Next High | 1.50555 |
| Current Price | 1.50474 |
| Next Low | 1.49357 |
| 2nd Low | 1.49162 |
| 3rd Low | 1.48881 |