VasilyTrader

EURCAD: Bullish Outlook Explained 🇪🇺🇨🇦

Long
OANDA:EURCAD   Euro / Canadian Dollar

EURCAD is trading in a bullish trend.
After the price set a new high in July, the market started a correctional movement.

The price perfectly respected 1.45 support.
A strong bullish wave initiated from that and the market managed to violate a local
horizontal resistance.

It will most likely trigger a further bullish continuation.
Next goal - 1.4835

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