EUR/CAD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 1.6118 is certain.

Caution: A possible change in the direction of the resistance line at 1.61549 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

1.61549 – 1.61396 – 1.61324 – 1.6118 – 1.61077 – 1.61055 —
1.61357 – 1.61394 —
51.021657098825 – 53.69217354421 —
– —
1.61549 – 1770224400

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