EUR/CAD – 1H – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 0 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.62914 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.63378 – 1.62557 – 1.63101 – 1.62498 – 1.62079 – 1.61926 —
1.62900 – 1.63095 —
57.100417218749 – 61.417267353407 —
– —
1.63378 – 1763132400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – –