EUR/CAD – 30M – SELL

The pair Euro/Canadian Dollar (EUR/CAD) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.62539 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.62941 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

1.62941 – 1.63176 – 1.63154 – 1.62539 – 1.62692 – 1.628 —
1.62654 – 1.62827 —
38.087439215063 – 57.863529246108 —
– —
1.62941 – 1764214200

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