EUR/CAD – 30M – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.

An ascent up to the next resistance level at 1.61995 will persist.

Caution: A possible counter-trend in the direction of support at 1.61607 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

1.61995 – 1.61755 – 1.61121 – 1.61607 – 1.60746 – 1.60684 —
1.61708 – 1.61793 —
47.826543374906 – 53.167020662634 —
– —
1.61995 – 1781267400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – – – – – –