EUR/CAD – 30M – SELLThe currency pair jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.49055 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.49331 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49331 |
| Current Price | 1.49152 |
| Next Low | 1.49055 |
| 2nd Low | 1.49009 |
| 3rd Low | 1.48873 |