EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.

An ascending movement up to the next resistance at 1.60235 will continue.

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

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

1.60235 – 1.60498 – 1.60872 – 1.59654 – 1.59925 – 1.60298 —
1.60038 – 1.60052 —
50.117772409912 – 50.982612277363 —
– —
1.60235 – 1776972600

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