EUR/CAD – 30M – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline down.
A descent down to the next support at 1.61185 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.61895 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62146 |
| 2nd High | 1.62069 |
| Next High | 1.61895 |
| Current Price | 1.61863 |
| Next Low | 1.61185 |
| 2nd Low | 1.61046 |
| 3rd Low | 1.60743 |
1.61666 – 1.61535 – 1.61426 – 1.61185 – 1.61046 – 1.60743 —
1.61824 – 1.61931 —
65.202053102254 – 72.18568041966 —
– —
1.61666 – 1767758400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –