EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at is likely expected.

Caution: A possible change in the direction of resistance at 1.60498 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

1.60498 – 1.60872 – 1.61186 – 1.59654 – 1.59925 – 1.60298 —
1.60039 – 1.60119 —
60.152484365401 – 57.096585915957 —
– —
1.60498 – 1776848400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – – – – – –