EUR/CAD – 30M – SELLThe currency pair jumps from the ascending trendline downwards
The bearish trend down to the next support level at 1.50152 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.50809 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50809 |
| Current Price | 1.50487 |
| Next Low | 1.50152 |
| 2nd Low | 1.49968 |
| 3rd Low | 1.49913 |