EUR/CAD – 4H – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) goes from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance line at 1.62477 will continue.

Caution: A possible change in the direction of the support zone at 1.59654 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

1.62477 – 1.62353 – 1.62301 – 1.59654 – 1.60219 – 1.59351 —
1.60235 – 1.60247 —
39.417558233996 – 42.512361679717 —
– —
1.62477 – 1776196800

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