The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 1.48582 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 1.48325 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48896 |
2nd High | 1.48587 |
Next High | 1.48582 |
Current Price | 1.48675 |
Next Low | 1.48325 |
2nd Low | 1.47883 |
3rd Low | 1.47371 |