EUR/CAD – 30M – SELL

The 30-minute EUR/CAD chart has fired a dense cluster of bearish signals, including Trendline Retreat Down, BOP Zero Cross Down, DEMA Retreat Down, and MAMA PRICE Retreat Down, alongside candlestick and indicator confirmations. This suggests a short-term pullback or reversal is underway, with price retreating from a trendline and momentum shifting lower. However, the broader trend across higher timeframes (1H, 2H, 4H, 12H, 1D) remains bullish, though choppy, so this sell signal should be viewed as a counter-trend move within a larger up move.

Key levels to watch are resistance at 1.61899 and support at 1.60703. A break below the support would confirm the bearish momentum and could extend the pullback, while a reclaim of the resistance would invalidate the short-term bearish setup. Given the mixed trend alignment, traders should exercise caution and wait for confirmation, as the higher timeframe bullish bias may limit the downside.