EUR/CAD – 30M – SELLThe pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.49547 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.49996 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51696 |
| 2nd High | 1.51400 |
| Next High | 1.49996 |
| Current Price | 1.49627 |
| Next Low | 1.49547 |
| 2nd Low | 1.49346 |
| 3rd Low | 1.49147 |