EUR/CAD – 30M – SELL

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

A bearish trend downwards to the next support line at 1.62036 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.62984 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

1.62984 – 1.62918 – 1.62068 – 1.62716 – 1.62036 – 1.61473 —
1.62882 – 1.63152 —
61.701077889154 – 71.486033203673 —
– —
1.62984 – 1769464800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –