EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.61733 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.60796 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.61813 |
| Next High | 1.61733 |
| Current Price | 1.61516 |
| Next Low | 1.60796 |
| 2nd Low | 1.60647 |
| 3rd Low | 1.60135 |
1.61733 – 1.61361 – 1.61813 – 1.60796 – 1.60884 – 1.60647 — 51.312775506615 – 56.359183470399 — 7.004659643436 – 16.312128579146 – 4.4424185125158 – 9.8797947055646
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top retreat up – –