The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 1.6275 is certain.
Caution: A possible trend reversal in the direction of support at 1.62049 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.6275 |
| Current Price | 1.62468 |
| Next Low | 1.62049 |
| 2nd Low | 1.6198 |
| 3rd Low | 1.61787 |
1.6275 – 1.62503 – 1.62681 – 1.62049 – 1.6198 – 1.62041 — 69.348135631321 – 70.365111099315 — 100 – 100 – 97.721084918666 – 98.860542459333
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – –