The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 1.56711 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.55931 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.57043 |
2nd High | 1.56752 |
Next High | 1.56711 |
Current Price | 1.56202 |
Next Low | 1.55931 |
2nd Low | 1.55775 |
3rd Low | 1.55656 |
1.56711 – 1.56752 – 1.56580 – 1.55931 – 1.55961 – 1.55775
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji