EUR/CAD – 1H – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.56666 will continue.
Caution: A possible change in the direction of the support zone at 1.55861 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56666 |
| Current Price | 1.56512 |
| Next Low | 1.55861 |
| 2nd Low | 1.55730 |
| 3rd Low | 1.55350 |
1.56666 – 1.56615 – 1.56413 – 1.56088 – 1.55861 – 1.55730
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji