EUR/CAD – 1H – BUY
The combination breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.50709 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.49741 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51619 |
2nd High | 1.51506 |
Next High | 1.50709 |
Current Price | 1.50463 |
Next Low | 1.49741 |
2nd Low | 1.49648 |
3rd Low | 1.48873 |