The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.61895 is considered certain.
Caution: A possible change in the direction of the support level at 1.61185 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62146 |
| 2nd High | 1.62069 |
| Next High | 1.61895 |
| Current Price | 1.61838 |
| Next Low | 1.61185 |
| 2nd Low | 1.61046 |
| 3rd Low | 1.60743 |
1.61666 – 1.61535 – 1.61426 – 1.61185 – 1.61046 – 1.60743 —
1.61828 – 1.61832 —
68.74235825117 – 67.351150176675 —
– —
1.61666 – 1767758400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Head and Shoulder chart pattern – – – – – – – –