EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline down.

A bearish trend downwards to the next support line at 1.59156 will continue.

Caution: A possible change in the direction of the resistance zone at 1.59455 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

1.59455 – 1.59432 – 1.59274 – 1.59156 – 1.59055 – 1.59029 —
1.59408 – 1.59537 —
61.259482089789 – 66.696228228041 —
– —
1.59455 – 1778032800

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