EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 1.61396 is certain.

Caution: A possible counter-trend in the direction of the support level at 1.6118 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

1.61396 – 1.61324 – 1.61567 – 1.6118 – 1.61077 – 1.61055 —
1.61405 – 1.61393 —
44.246656616678 – 48.390820712351 —
– —
1.61396 – 1770188400

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