The combination Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 1.59916 is expected.
Caution: A possible counter-trend in the direction of support at 1.59462 should be noted.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60204 |
| 2nd High | 1.60059 |
| Next High | 1.59916 |
| Current Price | 1.59770 |
| Next Low | 1.59462 |
| 2nd Low | 1.59385 |
| 3rd Low | 1.59156 |
1.59916 – 1.59653 – 1.60059 – 1.59462 – 1.59485 – 1.59385 —
1.59846 – 1.59722 —
56.492352421378 – 49.864332199912 —
– —
1.59916 – 1779300000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –