EUR/CAD – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A descent down to the next support level at 1.49713 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.50251 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50950 |
| 2nd High | 1.50436 |
| Next High | 1.50251 |
| Current Price | 1.50488 |
| Next Low | 1.49713 |
| 2nd Low | 1.48862 |
| 3rd Low | 1.48603 |