EUR/CAD – 1H – SELL

The pair Euro/Canadian Dollar (EUR/CAD) jumps from the ascending trendline down.

A bearish trend downwards to the next support line at 0 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0 could happen.
Consider stop-loss settings accordingly.

Next a ‘%K fall below 80’ indicator layout is discovered. The indicator shows ‘%K fall below 80’. which is often a bearish chart signal. The currency pair is likely to fall.

1.62804 – 1.62691 – 1.62334 – 1.6175 – 1.61791 – 1.61831 —
1.62618 – 1.62478 —
50.636110191984 – 41.97331126321 —
– —
1.62804 – 1763719200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double bottom chart pattern – – – – – – – –