EUR/CAD – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 1.62151 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 1.63174 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

1.63174 – 1.62873 – 1.62716 – 1.62674 – 1.62151 – 1.61678 —
1.63174 – 1.62596 —
69.802365488142 – 40.661335417463 —
1.63174 – 1764853200 —
– 1764853200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Inverse Head and Shoulder chart pattern – – – – – – – –