EUR/CAD – 30M – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance line at 1.60271 is considered certain.

Caution: A possible counter-trend in the direction of support at 1.59654 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.59834616 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 1.60271 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

1.60271 – 1.60382 – 1.60235 – 1.59889 – 1.59929 – 1.59916 —
1.59726 – 1.59709 —
33.944235459318 – 38.196096978892 —
– —
1.60271 – 1777273200

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