The pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.56463 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.56811 |
| 2nd High | 1.56666 |
| Next High | 1.56463 |
| Current Price | 1.56137 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.56463 – 1.56666 – 1.56615 – 1.56140 – 1.56088 – 1.55861