EUR/CAD – 1H – SELLThe combination Euro/Canadian Dollar (EUR/CAD) moves from the ascending trendline down.
A bearish movement down to the next support line at is certain.
Caution: A possible change in the direction of resistance at 1.62103 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62714 |
| 2nd High | 1.62146 |
| Next High | 1.62103 |
| Current Price | 1.61516 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62103 – 1.61666 – 1.61535 – 1.6146 – 1.61185 – 1.61046 —
1.61641 – 1.61593 —
44.950063228352 – 43.087175558166 —
– —
1.62103 – 1767873600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – – – – – –