EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline up.
A bullish ascent upwards to the next resistance line at 1.6265 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.61603 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62697 |
| 2nd High | 1.62669 |
| Next High | 1.6265 |
| Current Price | 1.61769 |
| Next Low | 1.61603 |
| 2nd Low | 1.61442 |
| 3rd Low | 1.61231 |
1.6265 – 1.62669 – 1.62602 – 1.61843 – 1.62232 – 1.62268 —
1.61952 – 1.61744 —
27.179994743852 – 36.434787634495 —
– —
1.6265 – 1783436400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –