EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support line at 1.61026 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.61468 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

1.61468 – 1.61196 – 1.61253 – 1.61026 – 1.60899 – 1.60971 —
1.61113 – 1.61278 —
45.857331599606 – 60.660973767476 —
– —
1.61468 – 1770831000

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