Sell EUR/CAD – 1H – SELL

The combination Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline downwards

The bearish trend down to the next support at 1.62465 is considered certain.

Caution: A possible change in the direction of the resistance level at 1.6334 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.6403
2nd High 1.63378
Next High 1.6334
Current Price 1.62906
Next Low 1.62465
2nd Low 1.62094
3rd Low 1.6175

1.6334 – 1.62906 – 1.62804 – 1.62465 – 1.62094 – 1.6175 —
1.63096 – 1.63129 —
59.637109641821 – 60.278828079906 —
– —
1.63340 – 1764086400

Trading Signals:

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