The combination Euro/Canadian Dollar (EUR/CAD) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 1.47606 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.48445 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49907 |
2nd High | 1.49263 |
Next High | 1.48445 |
Current Price | 1.47800 |
Next Low | 1.47606 |
2nd Low | |
3rd Low |