EUR/CAD – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 1.50067 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.51619 could be enabled.
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 | 1.50757 |
| Next Low | 1.50067 |
| 2nd Low | 1.50021 |
| 3rd Low | 1.49899 |