EUR/CAD – 30M – SELLThe combination Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.48347 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.49099 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49734 |
| 2nd High | 1.49437 |
| Next High | 1.49099 |
| Current Price | 1.48951 |
| Next Low | 1.48347 |
| 2nd Low | 1.48205 |
| 3rd Low | 1.47883 |