FroggyFX

EURCAD idea

FroggyFX Updated   
OANDA:EURCAD   Euro / Canadian Dollar
EUR/CAD

Price line attraction is the ascending TL shown on chart below, Price will often try to find the TL which is in line with the long-term bullish target of 1.5110.

The most recent significant high(1.4660 mark), however, can serve as a moderate stop for technical shorts.

Heed your DD!

Comment:
Comment:
TP1 was successful, now price is back entry area
Trade closed: target reached:
TP1 has struck once more! This is now simply a grey area that can go either way; our bias is look for buy at first in line with the pair's underlying bullish outlook.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.