Sell EUR/CAD – 1H – SELL

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Moreover a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Shooting Star’ chart pattern is discovered. The candles form ‘Shooting Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

Support & Resistance Price Range*
3rd High 1.6334
2nd High 1.63176
Next High 1.63174
Current Price 1.62490
Next Low 1.6243
2nd Low 1.62151
3rd Low 1.61678

1.63174 – 1.62873 – 1.62716 – 1.6243 – 1.62674 – 1.62151 —
1.62565 – 1.62714 —
44.34381765776 – 51.111401811838 —
– —
1.63174 – 1764853200

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