EUR/CAD – 30M – BUY

The pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline upwards

The bullish trend upwards to the next resistance line at 1.62941 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.62692 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Die Paarung wird wahrscheinlich fallen.

And also a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Die Paarung wird wahrscheinlich fallen.

And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.62941 – 1.63176 – 1.63154 – 1.62692 – 1.628 – 1.62972 —
1.62815 – 1.62684 —
45.165631785055 – 31.013661753259 —
– —
1.62941 – 1764214200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom retreat down – – – – – – – –