EUR/CAD – 1H – BUYThe pair Euro/Canadian Dollar (EUR/CAD) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 1.56580 is certain.
Caution: A possible counter-trend in the direction of the support line at 1.55961 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57598 |
| 2nd High | 1.57043 |
| Next High | 1.56580 |
| Current Price | 1.56160 |
| Next Low | 1.55961 |
| 2nd Low | 1.55775 |
| 3rd Low | 1.55656 |
1.56580 – 1.56455 – 1.57043 – 1.55961 – 1.55775 – 1.56084
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji