EUR/CAD – 1H – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline up.

A continuation of the upward movement up to the next resistance level at 1.61642 is expected.

Caution: A possible counter-trend in the direction of the support level at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. which could be a positive signal. The currency pair could go up.

Additionally a ‘MACD-Hist Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD-Hist Bullish Divergence’. which could be a positive signal. The currency pair could go up.

1.61642 – 1.61761 – 1.61783 – 1.61379 – 1.61327 – 1.60899 —
1.61549 – 1.61571 —
43.421061291419 – 41.775300646691 —
– —
1.61642 – 1771246800

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