Sell EUR/CAD – 4H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A descending movement down to the next support level at 1.60219 will persist.

Caution: A possible change in the direction of the resistance zone at 1.61454 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.61722
2nd High 1.61701
Next High 1.61454
Current Price 1.60603
Next Low 1.60219
2nd Low 1.59351
3rd Low 1.57912

1.61454 – 1.60129 – 1.60147 – 1.60219 – 1.59351 – 1.57912 —
1.60630 – 1.61027 —
56.254151898973 – 61.920113733669 —
– —
1.61454 – 1775059200

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