Buy EUR/CAD – 4H – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.

A bullish movement up to the next resistance line at 1.56919 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.55979 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.59602
2nd High 1.58180
Next High 1.56919
Current Price 1.56579
Next Low 1.55979
2nd Low 1.55756
3rd Low 1.54067

1.56919 – 1.58180 – 1.57983 – 1.55979 – 1.55756 – 1.56665

Download EUR/CAD Signal Image

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