EUR/CAD – 1H – SELL

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

A descent downwards to the next support line at 1.61831 is likely expected.

Caution: A possible change in the direction of the resistance level at 1.62334 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

1.62334 – 1.63095 – 1.63378 – 1.61831 – 1.61738 – 1.62498 —
1.62073 – 1.61880 —
47.345867729925 – 40.72854466467 —
– —
1.62334 – 1763564400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Rising Wedge Chart Pattern – – – –