EUR/CAD – 30M – BUYThe pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 1.61666 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.61185 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61791 |
| 2nd High | 1.61783 |
| Next High | 1.61666 |
| Current Price | 1.61789 |
| Next Low | 1.61185 |
| 2nd Low | 1.61046 |
| 3rd Low | 1.60743 |
1.61666 – 1.61535 – 1.61426 – 1.61185 – 1.61046 – 1.60743 —
1.61728 – 1.61773 —
62.567971155313 – 64.479729947706 —
– —
1.61666 – 1767758400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Head and Shoulder chart pattern – – – – – – – –