EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline downwards

A descent down to the next support at 1.61016 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.62019 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

1.62019 – 1.61581 – 1.61615 – 1.61016 – 1.61113 – 1.61167 —
1.61710 – 1.61646 —
37.570258055791 – 48.563634544881 —
– —
1.62019 – 1770652800

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