Buy EUR/CAD – 1H – BUY

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

A bullish movement up to the next resistance level at 1.57216 is expected.

Caution: A possible change in the direction of the support zone at 1.55350 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.58093
2nd High 1.57598
Next High 1.57216
Current Price 1.56549
Next Low 1.55350
2nd Low 1.54829
3rd Low 1.54067

1.57216 – 1.56711 – 1.56752 – 1.55350 – 1.55931 – 1.55961

Trading Signals:

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