EUR/CAD – 1H – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.60742 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 1.62013 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

1.62013 – 1.63936 – 1.62918 – 1.6111 – 1.60742 – 1.61083 —
1.61397 – 1.61533 —
46.105289750351 – 54.75005337572 —
– —
1.62013 – 1770022800

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