The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 1.56615 is certain.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56615 |
| Current Price | 1.56305 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.56615 – 1.56413 – 1.56811 – 1.56088 – 1.55861 – 1.55730
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji