EUR/CAD – 1H – BUY
The combination goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.50247 will persist.
Caution: A possible counter-trend in the direction of support at 1.49650 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51240 |
2nd High | 1.50555 |
Next High | 1.50247 |
Current Price | 1.50077 |
Next Low | 1.49650 |
2nd Low | 1.49559 |
3rd Low | 1.49431 |