Sell EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline downwards

A descending movement down to the next support line at 1.55861 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.56811 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.57216
2nd High 1.57071
Next High 1.56811
Current Price 1.56385
Next Low 1.55861
2nd Low 1.55730
3rd Low 1.55350

1.56413 – 1.56369 – 1.56553 – 1.55861 – 1.55730 – 1.55877

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