Sell EUR/CAD – 30M – SELL

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

A descending movement down to the next support at 1.62151 is expected.

Caution: A possible counter-trend in the direction of resistance at 1.62718 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 1.62941
2nd High 1.62827
Next High 1.62718
Current Price 1.62638
Next Low 1.62151
2nd Low 1.61948
3rd Low 1.61678

1.62718 – 1.62716 – 1.6257 – 1.62151 – 1.62454 – 1.62395 —
1.62563 – 1.62777 —
47.131498305029 – 63.998970388164 —
– —
1.62718 – 1764752400

Trading Signals:

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