EUR/CAD – 1H – BUYThe combination jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.50809 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.50152 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50809 |
| Current Price | 1.50509 |
| Next Low | 1.50152 |
| 2nd Low | 1.49741 |
| 3rd Low | 1.49648 |