EUR/CAD – 2H – SELL

The EUR/CAD 2H chart has fired a dense cluster of bearish signals, including a Trendline Retreat Down, multiple momentum crossovers (MACD, RSI, STOCH, CMO), and a BOP Zero Cross Down, all converging near the BBANDS middle line. This suggests a coordinated rejection of higher prices and a shift in intraday momentum to the downside. The 2H timeframe itself shows a bullish bias but is choppy, while lower timeframes (15m-1h) are bearish, and higher timeframes (8h-1d) are also bearish with trend-forming scores. This creates a bearish alignment across most timeframes, with the 2H and 4H being the only bullish holdouts. The nearest support at 1.60024 is the immediate downside target, while resistance at 1.60905 caps any bounce attempts.