EUR/CAD – 30M – SELLThe combination Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.49387 will persist.
Caution: A possible change in the direction of the resistance line at 1.49943 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50179 |
| 2nd High | 1.50115 |
| Next High | 1.49943 |
| Current Price | 1.49253 |
| Next Low | 1.49387 |
| 2nd Low | 1.49242 |
| 3rd Low | 1.49102 |