EUR/CAD – 30M – SELLThe pair Euro/Canadian Dollar (EUR/CAD) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 1.62049 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.62681 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.62681 |
| Current Price | 1.62314 |
| Next Low | 1.62049 |
| 2nd Low | 1.6198 |
| 3rd Low | 1.61787 |
1.62681 – 1.62434 – 1.62575 – 1.62049 – 1.6198 – 1.62041 — 51.489238700482 – 51.42779522094 — 37.607379322251 – 25.475745438362 – 43.192498340446 – 35.992018129375
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down – – –