Sell EUR/CAD – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at is certain.

Caution: A possible counter-trend in the direction of resistance at 1.59274 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 1.59881
2nd High 1.59535
Next High 1.59274
Current Price 1.59304
Next Low
2nd Low
3rd Low

1.59274 – 1.59535 – 1.59512 – 1.59055 – 1.59029 – 1.5922 —
1.59137 – 1.59395 —
40.768936140693 – 69.601080130906 —
1.59055 – 1777989600 —
1.59274 – 1777948200

Trading Signals:

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