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EUR/CAD Potential Bullish Momentum on the Horizon

Long
Euro / Canadian Dollar (FX:EURCAD)  
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FX:EURCAD   Euro / Canadian Dollar
Fibonacci Support and Resistance Trend Lines eurcadlong foextrading swingtrading tradingstrategies tradingsetup Contains image
6
0
fibonacci supportandresistance trendline eurcadlong foextrading swingtrading tradingstrategies tradingsetup containsimage
EUR/CAD returned to the Fibonacci 0.618 level after the previous uptrend, reaching a significant support and ascending trendline. From here, I expect further upward movement towards higher key levels. On lower timeframes, I'm looking for confirmation signals to go long.

1D:
snapshot

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