EUR/CAD – 30M – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards

A bullish trend up to the next resistance level at 1.6108 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 1.60566 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

1.6108 – 1.61831 – 1.61477 – 1.60566 – 1.61088 – 1.61272 —
1.61014 – 1.61079 —
47.161111427754 – 44.004070485986 —
– —
1.6108 – 1776659400

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