EUR/CAD – 30M – SELL

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

A bearish movement down to the next support level at 1.60743 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.61485 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘%K cross below 0.8’ indicator signal is existing. The indicator shows ‘%K cross below 0.8’. which could be a negative chart scenario. The currency pair could go down.

1.61426 – 1.61267 – 1.61294 – 1.60743 – 1.60627 – 1.60717 —
1.61513 – 1.61500 —
68.765473355679 – 56.599777724182 —
– —
1.61426 – 1767655800

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