EURCAD: Waiting For Bullish Wave 🇪🇺🇨🇦

Euro / Canadian Dollar (OANDA:EURCAD)

OANDA:EURCAD Euro / Canadian Dollar

headandshoulders candlestick supportandresistance swing swingsignals swingtrading swingtrader forex trading technicalanalysis containsimage

I spotted a confirmed bullish reversal on EURCAD.

The price formed an inverted head and shoulders pattern
and violated its neckline with a high momentum bullish candle this week.

The market became quite overbought and we see a correctional
movement at the moment.

The growth may resume after a retest of a broken neckline.

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EURCAD: Waiting For Bullish Wave 🇪🇺🇨🇦

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