EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards

A bearish movement downwards to the next support at 1.6118 is likely expected.

Caution: A possible change in the direction of resistance at 1.61396 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

1.61396 – 1.61324 – 1.61567 – 1.6118 – 1.61077 – 1.61055 —
1.61454 – 1.61471 —
61.832299516043 – 56.575679536162 —
– —
1.61396 – 1770188400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double bottom retreat down – – – – – – – –