EUR/CAD – 30M – SELLThe pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline down.
A bearish descent down to the next support line at 1.56118 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.57689 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.58343 |
| 2nd High | 1.57937 |
| Next High | 1.57689 |
| Current Price | 1.56729 |
| Next Low | 1.56118 |
| 2nd Low | 1.55998 |
| 3rd Low | 1.55861 |
1.57689 – 1.57937 – 1.58343 – 1.57033 – 1.57242 – 1.57526 —
1.56990 – 1.56776 —
28.334890078553 – 29.933856609371 —
– —
1.57689 – 1773248400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –