EUR/CAD – 30M – BUYThe combination breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 1.51619 will persist.
Caution: A possible change in the direction of the support zone at 1.50067 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.50706 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 1.51619 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51619 |
| Current Price | 1.50952 |
| Next Low | 1.50067 |
| 2nd Low | 1.50021 |
| 3rd Low | 1.49899 |