EUR/CAD – 30M – BUYThe pair goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 1.50233 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.49870 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50950 |
| Next High | 1.50233 |
| Current Price | 1.49949 |
| Next Low | 1.49870 |
| 2nd Low | 1.49781 |
| 3rd Low | 1.48862 |