DariusAnucauskas

EURCAD - 240 - Ready to pop!

FX:EURCAD   Euro / Canadian Dollar
Let's go EURCAD!!!

Getting squeezed right now on the Hourly chart. Oh it is definitely ready to pop. Now, I don't know when, but it could be during the Trade Balance announcement or maybe later, just to give a little tease.
It is always difficult to predict these, but if my drawings on the chart are right, we have broken the downward trend line on the 4 Hour chart. If this will follow the technicals, then I would like to see a shot upwards.

You can enter some BUY or SELL orders on those levels that I have indicated with blue lines. but I suggest to put Stop Losses that are comfortable for you.

Be careful and keep an eye on the price action!
Comment: Boom!
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