The currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.48422 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.47767 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48896 |
2nd High | 1.48585 |
Next High | 1.48422 |
Current Price | 1.47966 |
Next Low | 1.47767 |
2nd Low | 1.47653 |
3rd Low | 1.47110 |