EUR/CAD – 1H – SELLThe combination Euro/Canadian Dollar (EUR/CAD) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.60819 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62247 |
| 2nd High | 1.61434 |
| Next High | 1.60819 |
| Current Price | 1.60619 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.60819 – 1.61434 – 1.62247 – 1.60262 – 1.60272 – 1.60854 — 54.745354379107 – 47.317543077075 — 78.502228717395 – 89.716931052718 – 58.94368894387 – 77.544979710012
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom retreat down – –