EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 1.56676 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 1.57078 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

1.57078 – 1.57175 – 1.57689 – 1.56676 – 1.56663 – 1.57033 —
1.56865 – 1.57128 —
42.163043372476 – 62.32300139714 —
– —
1.57078 – 1773345600

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