The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline down.
A descent downwards to the next support level at 1.61607 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.62424 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62477 |
| 2nd High | 1.62459 |
| Next High | 1.62424 |
| Current Price | 1.62180 |
| Next Low | 1.61607 |
| 2nd Low | 1.60746 |
| 3rd Low | 1.60684 |
1.62204 – 1.61995 – 1.61755 – 1.61607 – 1.60746 – 1.60684 —
1.62333 – 1.62292 —
67.305624621104 – 58.22287824736 —
– —
1.62204 – 1781485200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – – – – – –