The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline down.
A bearish movement down to the next support at 1.56140 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.56666 should be noted.
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 | 1.56666 |
| Current Price | 1.56188 |
| Next Low | 1.56140 |
| 2nd Low | 1.56088 |
| 3rd Low | 1.55861 |
1.56666 – 1.56615 – 1.56413 – 1.56140 – 1.56088 – 1.55861