EUR/CAD – 30M – BUYThe combination Euro/Canadian Dollar (EUR/CAD) jumps from the descending trendline up.
A bullish movement up to the next resistance level at 1.58798 is certain.
Caution: A possible trend reversal in the direction of support at 1.56198 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60421 |
| 2nd High | 1.59276 |
| Next High | 1.58798 |
| Current Price | 1.56750 |
| Next Low | 1.56198 |
| 2nd Low | 1.55998 |
| 3rd Low | 1.55861 |
1.58798 – 1.58682 – 1.59276 – 1.56198 – 1.57632 – 1.58123 —
1.56630 – 1.56255 —
16.469693438776 – 16.08542936894 —
– —
1.58798 – 1772739000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –