EUR/CAD – 4H – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance at 1.62682 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.60684 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

1.62682 – 1.6138 – 1.61766 – 1.60684 – 1.60359 – 1.60423 —
1.62372 – 1.62096 —
56.685085956972 – 42.754233596111 —
– —
1.62682 – 1781726400

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