Buy EUR/CAD – 1H – BUY

The 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:

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