EUR/CAD – 30M – SELLThe currency pair Euro/Canadian Dollar (EUR/CAD) goes from the ascending trendline down.
A descent down to the next support level at 1.6045 is likely expected.
Caution: A possible change in the direction of the resistance level at 1.61119 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.61119 |
| Current Price | 1.60865 |
| Next Low | 1.6045 |
| 2nd Low | 1.60434 |
| 3rd Low | 1.60219 |
1.61119 – 1.60924 – 1.61027 – 1.6045 – 1.60434 – 1.60464 —
1.61119 – 1.60954 —
67.13866926819 – 64.307282172085 —
1.61119 – 1775565000 —
– 1775565000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –