EUR/CAD – 30M – BUY
The currency pair breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 1.49592 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.48873 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50709 |
2nd High | 1.49675 |
Next High | 1.49592 |
Current Price | 1.49567 |
Next Low | 1.48873 |
2nd Low | 1.48603 |
3rd Low | 1.48346 |