ForecastCity

Don't miss the great buy opportunity in EURCAD

Long
FX:EURCAD   Euro / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4592). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 1.4937
TP2= @ 1.5205
TP3= @ 1.5637

SL= Break below S2
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Comments

Keep This on my Radar This Week,
+3 Reply
ForecastCity Best_Forecast
@Alexander_007, Great.
+1 Reply
Following this, first week live and wouldn’t mind a couple hints to keep those losses at bay 😭😂
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, SL= Break below S2
+1 Reply
Thanks a lot!
+2 Reply
ForecastCity Best_Forecast
@Alexander_007, You got it.
+1 Reply
Thank You for sharing!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Please don't mention it.
Reply
I will keep an eye on this...
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Great :)
Reply