EUR/CAD – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 1.49075 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.49396 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49396 |
| Current Price | 1.49105 |
| Next Low | 1.49075 |
| 2nd Low | 1.48881 |
| 3rd Low | 1.48843 |