EUR/CAD – 30M – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.56015 is expected.
Caution: A possible change in the direction of the resistance zone at 1.56463 could happen.
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 | 1.56066 |
| Next Low | 1.56015 |
| 2nd Low | 1.55861 |
| 3rd Low | 1.55730 |
1.56463 – 1.56666 – 1.56615 – 1.56015 – 1.56140 – 1.56088
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down