The pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.
A bearish trend downwards to the next support level at 1.56202 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.57128 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57689 |
| 2nd High | 1.57175 |
| Next High | 1.57128 |
| Current Price | 1.57076 |
| Next Low | 1.56202 |
| 2nd Low | 1.56118 |
| 3rd Low | 1.55998 |
1.57128 – 1.57078 – 1.57175 – 1.56202 – 1.56676 – 1.56663 —
1.56565 – 1.57317 —
37.591059456419 – 66.801997769826 —
– —
1.57128 – 1773363600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –