EURCAD: One More Breakout Trade 🇪🇺🇨🇦

Long

Euro / Canadian Dollar (OANDA:EURCAD)

Updated

OANDA:EURCAD Euro / Canadian Dollar

Trend Lines Triangle Multiple Time Frame Analysis EURCAD euro canadiandollar CAD priceaction priceactionanalysis priceactiontrading forecast Contains image

trendline triangle mtfa eurcad euro canadiandollar cad priceaction priceactionanalysis priceactiontrading forecast containsimage

snapshot

I spotted one more confirmed breakout.
EURCAD violated a key daily resistance.

On a retest of a broken structure, the price formed an ascending triangle formation
with a confirmed neckline violation.

I expect a further bullish continuation on the pair at least to 1.458

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Trade closed: target reached

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