EUR/CAD – 1H – BUYThe combination moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 1.50577 is expected.
Caution: A possible change in the direction of the support zone at 1.50035 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50577 |
| Current Price | 1.50202 |
| Next Low | 1.50035 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |