EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 1.61666 will continue.

Caution: A possible trend reversal in the direction of support at 1.61046 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

1.61666 – 1.61535 – 1.61426 – 1.61046 – 1.60743 – 1.60627 —
1.61606 – 1.61489 —
59.12766977294 – 42.760470097406 —
– —
1.61666 – 1767758400

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