EUR/CAD – 30M – SELLThe combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.48999 will persist.
Caution: A possible change in the direction of the resistance zone at 1.49675 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49675 |
| Current Price | 1.48774 |
| Next Low | 1.48999 |
| 2nd Low | 1.48735 |
| 3rd Low | 1.48346 |