EUR/CAD – 1H – BUYThe combination moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 1.49999 is certain.
Caution: A possible trend reversal in the direction of the support line at 1.49648 could occur.
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 | 1.49999 |
| Current Price | 1.50001 |
| Next Low | 1.49648 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |