EUR/CAD – 30M – SELL

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

A continuation of the downtrend down to the next support level at 1.61088 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.61477 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

1.61477 – 1.62125 – 1.62424 – 1.61088 – 1.61272 – 1.61631 —
1.61221 – 1.61376 —
28.677970729521 – 55.232066282468 —
– —
1.61477 – 1776387600

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