EUR/CAD – 30M – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.56666 is certain.
Caution: A possible change in the direction of the support line at 1.56140 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56666 |
| Current Price | 1.56244 |
| Next Low | 1.56140 |
| 2nd Low | 1.56088 |
| 3rd Low | 1.55861 |
1.56666 – 1.56615 – 1.56413 – 1.56140 – 1.56088 – 1.55861
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji