EUR/CAD – 1H – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 1.62697 will persist.

Caution: A possible change in the direction of the support level at 1.61603 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

1.62364 – 1.6236 – 1.62064 – 1.61603 – 1.61993 – 1.61442 —
1.62175 – 1.62409 —
52.870835070635 – 59.406698335179 —
– —
1.62364 – 1783011600

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