EUR/CAD – 30M – BUYThe currency pair Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 1.59881 is expected.
Caution: A possible change in the direction of the support level at 1.5922 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60207 |
| 2nd High | 1.60034 |
| Next High | 1.59881 |
| Current Price | 1.59403 |
| Next Low | 1.5922 |
| 2nd Low | 1.5919 |
| 3rd Low | 1.59158 |
1.59881 – 1.60034 – 1.59781 – 1.5922 – 1.5919 – 1.59158 —
1.59378 – 1.59397 —
47.269233862847 – 50.311987618109 —
– —
1.59881 – 1777654800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –