The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 1.62259 will persist.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘%K cross above 0.2’ indicator layout is existing. The indicator is ‘%K cross above 0.2’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63174 |
| 2nd High | 1.62714 |
| Next High | 1.62259 |
| Current Price | 1.61920 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62259 – 1.61728 – 1.62103 – 1.61692 – 1.61434 – 1.6146 —
1.62237 – 1.61998 —
59.135919357489 – 41.113086189571 —
– —
1.62259 – 1768215600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top retreat up – – – – – – – –