EUR/CAD – 30M – SELLThe pair Euro/Canadian Dollar (EUR/CAD) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 1.60492 will persist.
Caution: A possible trend reversal in the direction of resistance at 1.61288 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61701 |
| 2nd High | 1.61566 |
| Next High | 1.61288 |
| Current Price | 1.60849 |
| Next Low | 1.60492 |
| 2nd Low | |
| 3rd Low |
1.61288 – 1.61566 – 1.61453 – 1.60492 – 1.61261 – 1.61229 —
1.60880 – 1.60882 —
36.830513425606 – 44.172352532888 —
1.60492 – 1772413200 —
1.61288 – 1772233200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –