EUR/CAD – 30M – BUYThe currency pair goes from the descending trendline upwards
An ascent up to the next resistance line at 1.49396 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.48881 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49396 |
| Current Price | 1.49008 |
| Next Low | 1.48881 |
| 2nd Low | 1.48843 |
| 3rd Low | 1.48346 |