The pair Euro/Canadian Dollar (EUR/CAD) jumps from the ascending trendline downwards
A bearish descent down to the next support line at 1.49242 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.49998 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50179 |
2nd High | 1.50059 |
Next High | 1.49998 |
Current Price | 1.49809 |
Next Low | 1.49242 |
2nd Low | 1.49102 |
3rd Low | 1.48752 |