The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 1.62204 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.61607 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62459 |
| 2nd High | 1.62424 |
| Next High | 1.62204 |
| Current Price | 1.62281 |
| Next Low | 1.61607 |
| 2nd Low | 1.60746 |
| 3rd Low | 1.60684 |
1.62204 – 1.61995 – 1.61755 – 1.61607 – 1.60746 – 1.60684 —
1.62325 – 1.62211 —
72.153014590749 – 50.05442856576 —
– —
1.62204 – 1781485200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –