The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 1.62219 will persist.
Caution: A possible trend reversal in the direction of support at 1.6204 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62579 |
| 2nd High | 1.62364 |
| Next High | 1.62219 |
| Current Price | 1.62476 |
| Next Low | 1.6204 |
| 2nd Low | 1.61603 |
| 3rd Low | 1.61442 |
1.62219 – 1.62364 – 1.62284 – 1.6204 – 1.61603 – 1.61643 —
1.62417 – 1.62500 —
63.601278487337 – 59.983098360189 —
– —
1.62219 – 1783051200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – – – – – –