EUR/CAD – 4H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 1.62623 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.61066 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6334 |
| 2nd High | 1.63174 |
| Next High | 1.62623 |
| Current Price | 1.62830 |
| Next Low | 1.61066 |
| 2nd Low | 1.60602 |
| 3rd Low | 1.59283 |
1.62623 – 1.62259 – 1.62103 – 1.61066 – 1.61434 – 1.60602 —
1.61866 – 1.62928 —
49.737876347504 – 72.48572872279 —
– —
1.62623 – 1768910400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double bottom chart pattern – – – – – – – –