The currency pair Euro/Canadian Dollar (EUR/CAD) goes from the ascending trendline down.
The bearish trend downwards to the next support at 0 will persist.
Caution: A possible change in the direction of the resistance line at 0 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K cross above 20’ indicator signal is discovered. The indicator shows ‘%K cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.62525 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.63095 – 1.62912 – 1.62861 – 1.62769 – 1.62498 – 1.62613 —
1.62997 – 1.62584 —
57.416289993234 – 28.575262995567 —
– —
1.63095 – 1763445600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double bottom chart pattern – – – –