EUR/CAD – 30M – SELLThe combination Euro/Canadian Dollar (EUR/CAD) moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 1.54399 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.54754 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.55686 |
| 2nd High | 1.55541 |
| Next High | 1.54754 |
| Current Price | 1.54465 |
| Next Low | 1.54399 |
| 2nd Low | 1.54184 |
| 3rd Low | 1.54013 |
1.54754 – 1.55541 – 1.55686 – 1.54399 – 1.54184 – 1.54979