EUR/CAD – 1H – SELLThe pair jumps from the bullish trendline downwards
A descent down to the next support at 1.49899 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.51619 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51619 |
| Current Price | 1.50712 |
| Next Low | 1.49899 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |