EUR/CAD – 1H – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 1.62013 is likely expected.

Caution: A possible change in the direction of the support zone at 1.6111 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.

Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

1.62013 – 1.63936 – 1.62918 – 1.6111 – 1.60742 – 1.61083 —
1.61533 – 1.61294 —
54.750053586671 – 46.126631453554 —
– —
1.62013 – 1770022800

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