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 level at 1.56091 will persist.
Caution: A possible change in the direction of the resistance level at 1.56726 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57524 |
| 2nd High | 1.56919 |
| Next High | 1.56726 |
| Current Price | 1.56527 |
| Next Low | 1.56091 |
| 2nd Low | 1.56060 |
| 3rd Low | 1.55900 |
1.56726 – 1.56515 – 1.56919 – 1.56091 – 1.56060 – 1.56267