EUR/CAD – 30M – SELLThe pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards
A bearish descent down to the next support level at 1.55861 will persist.
Caution: A possible change in the direction of the resistance zone at 1.56811 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57216 |
| 2nd High | 1.57071 |
| Next High | 1.56811 |
| Current Price | 1.56209 |
| Next Low | 1.55861 |
| 2nd Low | 1.55730 |
| 3rd Low | 1.55350 |
1.56413 – 1.56369 – 1.56553 – 1.55861 – 1.55730 – 1.55877
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows