EUR/CAD – 30M – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 1.62434 will persist.
Caution: A possible reversal of the trend in the direction of support at 1.62049 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.62575 |
| Next High | 1.62434 |
| Current Price | 1.62551 |
| Next Low | 1.62049 |
| 2nd Low | 1.6198 |
| 3rd Low | 1.61787 |
1.62434 – 1.62575 – 1.62474 – 1.62049 – 1.6198 – 1.62041 — 65.746054392318 – 66.709061541439 — 64.800702304905 – 98.134035638238 – 47.72469741439 – 72.618372466021
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom retreat down – –