EUR/CAD – 4H – SELLThe pair Euro/Canadian Dollar (EUR/CAD) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.56752 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.58180 |
| 2nd High | 1.57598 |
| Next High | 1.56752 |
| Current Price | 1.55803 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.56752 – 1.57598 – 1.57249 – 1.55350 – 1.55775 – 1.55656
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down