EUR/CAD – 1H – SELL
The combination jumps from the ascending trendline down.
A bearish trend down to the next support at 1.50410 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.51314 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.52267 |
2nd High | 1.51756 |
Next High | 1.51314 |
Current Price | 1.51158 |
Next Low | 1.50410 |
2nd Low | 1.49357 |
3rd Low | 1.49162 |