EUR/CAD – 1H – BUYThe pair breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 1.50680 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.49899 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50680 |
| Current Price | 1.50628 |
| Next Low | 1.49899 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |