EUR/CAD – 30M – SELL

The pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline downwards

A descent down to the next support at 1.61599 will persist.

Caution: A possible trend reversal in the direction of resistance at 1.61981 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

1.61981 – 1.62259 – 1.61728 – 1.61599 – 1.6162 – 1.61675 —
1.61722 – 1.61720 —
45.856345392421 – 47.314981700099 —
– —
1.61981 – 1768309200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –