USD/CAD – 30M – SELL

The combination US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline down.

A continuation of the downtrend down to the next support level at is expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.4062 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

1.4062 – 1.40576 – 1.40387 – 1.3971 – 1.40235 – 1.4014 —
1.40026 – 1.40073 —
54.03953905675 – 57.119068766255 —
– —
1.40620 – 1763445600

Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – –