EUR/CAD – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 1.49354 is certain.
Caution: A possible counter-trend in the direction of support at 1.48862 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50072 |
| 2nd High | 1.49850 |
| Next High | 1.49354 |
| Current Price | 1.49996 |
| Next Low | 1.48862 |
| 2nd Low | 1.48603 |
| 3rd Low |