Sell EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support at 1.6243 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.63174 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.6334
2nd High 1.63176
Next High 1.63174
Current Price 1.62556
Next Low 1.6243
2nd Low 1.62151
3rd Low 1.61948

1.63174 – 1.62815 – 1.62873 – 1.6243 – 1.62674 – 1.62507 —
1.62562 – 1.62679 —
44.718039807071 – 58.411625098238 —
– —
1.63174 – 1764855000

Trading Signals:

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