Sell EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.62064 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 1.62579
2nd High 1.62072
Next High 1.62064
Current Price 1.61491
Next Low
2nd Low
3rd Low

1.62064 – 1.61817 – 1.61687 – 1.61231 – 1.61257 – 1.61455 —
1.61963 – 1.61600 —
56.94101493081 – 45.13625214945 —
– —
1.62064 – 1782487800

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