EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline down.

The bearish trend downwards to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.62612 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

1.62612 – 1.6221 – 1.62693 – 1.62327 – 1.61948 – 1.61678 —
1.62490 – 1.62502 —
52.485715386257 – 54.271334060592 —
– —
1.62612 – 1764603000

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