EUR/CAD – 1H – BUYThe currency pair jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 1.50589 is considered certain.
Caution: A possible change in the direction of the support line at 1.49741 is also possible.
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 | 1.50589 |
| Current Price | 1.50449 |
| Next Low | 1.49741 |
| 2nd Low | 1.49648 |
| 3rd Low | 1.48873 |