EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 1.62096 will persist.

Caution: A possible change in the direction of the support zone at 1.61609 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

1.62096 – 1.623 – 1.62594 – 1.61609 – 1.61896 – 1.61838 —
1.61729 – 1.62092 —
29.208460169588 – 57.716428995315 —
1.61609 – 1781859600 —
1.62096 – 1781843400

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