EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at 1.59492 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.60034 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.59386 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.60034 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

1.60034 – 1.59781 – 1.60207 – 1.59492 – 1.59617 – 1.59386 —
1.59808 – 1.59624 —
45.244914834462 – 43.932302725419 —
– —
1.60034 – 1777559400

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