EUR/CAD – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.51237 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.51619 is also possible.
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 | 1.51619 |
| Current Price | 1.50528 |
| Next Low | 1.51237 |
| 2nd Low | 1.50940 |
| 3rd Low | 1.50410 |