The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 1.56811 is certain.
Caution: A possible counter-trend in the direction of the support zone at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57216 |
| 2nd High | 1.57071 |
| Next High | 1.56811 |
| Current Price | 1.56512 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.56811 – 1.57071 – 1.57216 – 1.55730 – 1.55350 – 1.55775
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji