EUR/CAD – 1H – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.51576 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.51022 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51576 |
| Current Price | 1.51308 |
| Next Low | 1.51022 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.49357 |