EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 1.47827 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.47224 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48587 |
| 2nd High | 1.48246 |
| Next High | 1.47827 |
| Current Price | 1.47714 |
| Next Low | 1.47224 |
| 2nd Low | 1.47177 |
| 3rd Low | 1.44868 |