EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 1.56268 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.55350 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.56752 |
| 2nd High | 1.56711 |
| Next High | 1.56268 |
| Current Price | 1.56006 |
| Next Low | 1.55350 |
| 2nd Low | 1.55033 |
| 3rd Low | 1.54911 |
1.56268 – 1.56711 – 1.56752 – 1.55350 – 1.55914 – 1.56228
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji