The pair Euro/Canadian Dollar (EUR/CAD) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.59055 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.59535 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60034 |
| 2nd High | 1.59881 |
| Next High | 1.59535 |
| Current Price | 1.59404 |
| Next Low | 1.59055 |
| 2nd Low | 1.59029 |
| 3rd Low | 1.5902 |
1.59535 – 1.59881 – 1.60034 – 1.59055 – 1.59029 – 1.5922 —
1.59240 – 1.59537 —
46.056927373588 – 62.552973774502 —
– —
1.59535 – 1777910400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –