Buy EUR/CAD – 30M – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 1.62019 is certain.

Caution: A possible change in the direction of the support level at 1.61427 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.63936
2nd High 1.62214
Next High 1.62019
Current Price 1.61592
Next Low 1.61427
2nd Low 1.61016
3rd Low 1.60742

1.62019 – 1.61581 – 1.61615 – 1.61427 – 1.61016 – 1.61113 —
1.61422 – 1.61581 —
40.318502096738 – 57.482419251605 —
– —
1.62019 – 1770652800

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