The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 1.62693 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.61678 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62827 |
| 2nd High | 1.62717 |
| Next High | 1.62693 |
| Current Price | 1.62064 |
| Next Low | 1.61678 |
| 2nd Low | 1.61606 |
| 3rd Low | 1.61451 |
1.62693 – 1.62717 – 1.62827 – 1.61678 – 1.62442 – 1.62595 —
1.62183 – 1.62070 —
46.221624894659 – 41.129212244282 —
– —
1.62693 – 1764320400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –