EUR/CAD – 1H – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.61230 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.59283 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.61230 |
| Current Price | 1.60863 |
| Next Low | 1.59283 |
| 2nd Low | 1.59114 |
| 3rd Low | 1.58741 |
1.61230 – 1.60486 – 1.61086 – 1.59283 – 1.60168 – 1.60146 — 50.173985580015 – 54.213688898828 — 6.8544007262941 – 21.703947119899 – 2.284800242098 – 9.5194492820643
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Triple top chart pattern – –