EUR/CAD – 1H – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.
A bearish descent down to the next support level at 1.55350 will continue.
Caution: A possible change in the direction of the resistance line at 1.57043 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.58093 |
| 2nd High | 1.57598 |
| Next High | 1.57043 |
| Current Price | 1.56885 |
| Next Low | 1.55350 |
| 2nd Low | 1.54829 |
| 3rd Low | 1.54067 |
1.56711 – 1.56752 – 1.56580 – 1.55350 – 1.55931 – 1.55961
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low