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EliteTradingSignals

EUR/CAD BULLS WILL DOMINATE THE MARKET|LONG

Long
Euro / Canadian Dollar (FX:EURCAD)  
EliteTradingSignals  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurcad long buy trading bullish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/CAD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.465 area.

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