EUR/CAD – 1H – SELL

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

1.61549 – 1.61567 – 1.62013 – 1.61055 – 1.6111 – 1.60742 —
1.61549 – 1.61296 —
47.176802233289 – 47.28486966841 —
1.61549 – 1770224400 —
– 1770224400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Engulfing – Inverse Head and Shoulder chart pattern – – – – – – – –