EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 1.61556 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.61113 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62013 |
| 2nd High | 1.61567 |
| Next High | 1.61556 |
| Current Price | 1.61514 |
| Next Low | 1.61113 |
| 2nd Low | 1.61077 |
| 3rd Low | 1.61055 |
1.61556 – 1.61549 – 1.61396 – 1.61113 – 1.61167 – 1.6118 —
1.61486 – 1.61501 —
56.060617771441 – 57.378822374923 —
– —
1.61556 – 1770289200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –