EUR/CAD – 1H – BUYThe pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 1.60640 will persist.
Caution: A possible trend reversal in the direction of support at 1.59372 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.60640 |
| Current Price | 1.59790 |
| Next Low | 1.59372 |
| 2nd Low | 1.59114 |
| 3rd Low | 1.58741 |
1.60640 – 1.59603 – 1.58491 – 1.59372 – 1.59114 – 1.58741
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji –