EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.59881 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

1.59881 – 1.60034 – 1.59781 – 1.5922 – 1.5919 – 1.59158 —
1.59408 – 1.59410 —
52.049090804723 – 49.824621308797 —
– —
1.59881 – 1777654800

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