EUR/CAD – 30M – SELLAdditionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.610685 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.61535 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61791 |
| 2nd High | 1.61783 |
| Next High | 1.61535 |
| Current Price | 1.61176 |
| Next Low | 1.60743 |
| 2nd Low | 1.60627 |
| 3rd Low | 1.60602 |
1.61535 – 1.61426 – 1.61267 – 1.60743 – 1.60627 – 1.60717 —
1.61311 – 1.61317 —
41.707191143417 – 50.592932850177 —
– —
1.61535 – 1767677400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – – – – – –