Buy EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline upwards

An ascent upwards to the next resistance line at 1.61567 is expected.

Caution: A possible change in the direction of the support level at 1.61055 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.62214
2nd High 1.62013
Next High 1.61567
Current Price 1.61253
Next Low 1.61055
2nd Low 1.60742
3rd Low 1.60627

1.61567 – 1.61458 – 1.62013 – 1.61055 – 1.61139 – 1.6111 —
1.61216 – 1.61260 —
39.729097263388 – 46.367750384087 —
– —
1.61567 – 1770116400

Trading Signals:

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