EUR/CAD – 1H – SELLThe combination Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline downwards
A bearish trend down to the next support at will continue.
Caution: A possible trend reversal in the direction of resistance at 1.62517 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.62565 |
| Next High | 1.62517 |
| Current Price | 1.62572 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62517 – 1.62434 – 1.62565 – 1.61956 – 1.62117 – 1.61906 — 42.978876660102 – 35.527249948196 — 23.026952315135 – 13.780234968901 – 26.443983721109 – 21.147201105736
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – –