EUR/CAD – 30M – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.
A bearish descent downwards to the next support line at 1.62049 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.62575 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.62575 |
| Current Price | 1.62299 |
| Next Low | 1.62049 |
| 2nd Low | 1.6198 |
| 3rd Low | 1.61787 |
1.62434 – 1.62575 – 1.62474 – 1.62049 – 1.6198 – 1.62041 — 57.332865164454 – 51.745597870241 — 88.267374161692 – 69.667379074852 – 83.875733266994 – 85.427110907619
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down – Triple top chart pattern – –