The pair Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 1.47110 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.47860 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49263 |
2nd High | 1.48445 |
Next High | 1.47860 |
Current Price | 1.48107 |
Next Low | 1.47110 |
2nd Low | |
3rd Low |