EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 1.61568 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.6174 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

1.6174 – 1.61853 – 1.61874 – 1.61568 – 1.61408 – 1.61644 —
1.61776 – 1.61692 —
54.228250347601 – 50.494493667521 —
– —
1.61740 – 1768455000

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