Sell EUR/CAD – 1H – SELL

The pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards

The bearish trend down to the next support at 1.60647 is expected.

Caution: A possible counter-trend in the direction of resistance at 1.61813 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High
Next High 1.61813
Current Price 1.60915
Next Low 1.60647
2nd Low 1.59283
3rd Low 1.59114

1.61813 – 1.61118 – 1.61230 – 1.60647 – 1.59283 – 1.60168 — 39.955455254968 – 34.376186206152 — 31.698660874507 – 28.664614302158 – 27.029170317517 – 27.509496166772

Trading Signals:

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