EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.60647 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.61285 |
| Next Low | 1.60647 |
| 2nd Low | 1.59283 |
| 3rd Low | 1.59114 |
1.61118 – 1.61230 – 1.60486 – 1.60647 – 1.59283 – 1.60168 — 64.771669750164 – 69.884462048603 — 68.320462880703 – 67.37055513793 – 83.150717176549 – 72.274235555859
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – –