The combination Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 1.59889 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.60382 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61831 |
| 2nd High | 1.61186 |
| Next High | 1.60382 |
| Current Price | 1.59739 |
| Next Low | 1.59889 |
| 2nd Low | 1.59654 |
| 3rd Low | 1.59351 |
1.60382 – 1.60235 – 1.61186 – 1.59889 – 1.59929 – 1.59654 —
1.60263 – 1.59875 —
59.008687688588 – 33.688837519196 —
– —
1.60382 – 1777039200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –