EUR/CAD – 30M – SELLThe currency pair jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 1.51051 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.51587 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51587 |
| Current Price | 1.51224 |
| Next Low | 1.51051 |
| 2nd Low | 1.51022 |
| 3rd Low | 1.50410 |