EUR/CAD – 1H – BUYThe pair jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.50589 will persist.
Caution: A possible trend reversal in the direction of support at 1.50152 should be noted.
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 | 1.50589 |
| Current Price | 1.50548 |
| Next Low | 1.50152 |
| 2nd Low | 1.49741 |
| 3rd Low | 1.49648 |