Buy EUR/CAD – 1H – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 1.60271 will continue.

Caution: A possible counter-trend in the direction of the support zone at 1.59654 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.61186
2nd High 1.60382
Next High 1.60271
Current Price 1.59698
Next Low 1.59654
2nd Low 1.59351
3rd Low 1.5902

1.60271 – 1.60382 – 1.60235 – 1.59889 – 1.59929 – 1.59654 —
1.59757 – 1.59699 —
28.04277436763 – 35.406653678023 —
– —
1.60271 – 1777273200

Trading Signals:

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