EUR/CAD – 1H – SELL
The pair jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 1.51023 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.51576 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.52267 |
2nd High | 1.51756 |
Next High | 1.51576 |
Current Price | 1.51106 |
Next Low | 1.51023 |
2nd Low | 1.50410 |
3rd Low | 1.49357 |