EUR/CAD – 30M – SELLThe combination jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 1.50067 is certain.
Caution: A possible trend reversal in the direction of resistance at 1.50977 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50977 |
| Current Price | 1.50814 |
| Next Low | 1.50067 |
| 2nd Low | 1.50021 |
| 3rd Low | 1.49899 |