EUR/CAD – 30M – SELLThe pair jumps from the ascending trendline downwards
A bearish movement down to the next support level at 1.49648 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.49961 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50709 |
| 2nd High | 1.49999 |
| Next High | 1.49961 |
| Current Price | 1.49807 |
| Next Low | 1.49648 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |