EUR/CAD – 30M – SELLThe combination goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.50021 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.50709 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50709 |
| Current Price | 1.49932 |
| Next Low | 1.50021 |
| 2nd Low | 1.49899 |
| 3rd Low | 1.49357 |