EUR/CAD – 30M – SELL

The pair Euro/Canadian Dollar (EUR/CAD) goes from the descending trendline down.

A continuation of the downtrend down to the next support line at 1.61427 will continue.

Caution: A possible change in the direction of resistance at 1.62019 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

1.62019 – 1.61581 – 1.61615 – 1.61427 – 1.61016 – 1.61113 —
1.61625 – 1.61621 —
47.375537628605 – 43.601533079259 —
– —
1.62019 – 1770652800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Inverse Head and Shoulder chart pattern – – – – – – – –