EUR/CAD – 1H – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.

A continuation of the downward movement down to the next support at 1.59492 is likely expected.

Caution: A possible change in the direction of resistance at 1.60311 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

1.60311 – 1.60271 – 1.60382 – 1.59492 – 1.59386 – 1.59889 —
1.59664 – 1.59834 —
37.492060409101 – 40.531403125343 —
– —
1.60311 – 1777410000

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