The combination Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline downwards
The bearish trend down to the next support line at 1.60129 is certain.
Caution: A possible change in the direction of resistance at 1.60922 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61434 |
| 2nd High | 1.61155 |
| Next High | 1.60922 |
| Current Price | 1.60788 |
| Next Low | 1.60129 |
| 2nd Low | 1.59283 |
| 3rd Low | 1.59114 |
1.60922 – 1.60819 – 1.60526 – 1.60129 – 1.60287 – 1.60262 — 58.231604896905 – 55.215202637147 — 97.534737111347 – 92.783256975633 – 96.751339320897 – 96.77266469566
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Two Crows – – –