EUR/CAD – 1H – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 1.61906 is likely expected.
Caution: A possible change in the direction of resistance at 1.62434 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.62565 |
| Next High | 1.62434 |
| Current Price | 1.62120 |
| Next Low | 1.61906 |
| 2nd Low | 1.60262 |
| 3rd Low | 1.59283 |
1.62434 – 1.62565 – 1.60819 – 1.61906 – 1.60262 – 1.60272 — 46.741234762626 – 40.449023941037 — 24.225190671428 – 24.225190671428 – 25.339828652882 – 22.303781098914