The pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 1.61754 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 1.61379 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61783 |
| 2nd High | 1.61761 |
| Next High | 1.61754 |
| Current Price | 1.61524 |
| Next Low | 1.61379 |
| 2nd Low | 1.61327 |
| 3rd Low | 1.61049 |
1.61754 – 1.61761 – 1.61608 – 1.61379 – 1.61463 – 1.61327 —
1.61520 – 1.61529 —
46.499216623041 – 49.403122144979 —
– —
1.61754 – 1771023600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – – – – – –