EUR/CAD – 4H – BUY

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

A bullish trend upwards to the next resistance line at 1.60311 will persist.

Caution: A possible trend reversal in the direction of the support level at 1.59386 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

1.60311 – 1.60382 – 1.62477 – 1.59386 – 1.59654 – 1.60219 —
1.60272 – 1.59718 —
54.98692223968 – 33.630288976281 —
– —
1.60311 – 1777406400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –