EUR/CAD – 30M – BUY

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

An ascending movement upwards to the next resistance at 1.59738 will persist.

Caution: A possible counter-trend in the direction of the support line at 1.59601 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

1.59738 – 1.59833 – 1.60271 – 1.59601 – 1.59607 – 1.59889 —
1.59681 – 1.59698 —
40.620539277963 – 47.13751663775 —
– —
1.59738 – 1777356000

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