SpilakJ

EURCAD wedge uptrend continues

FX:EURCAD   Euro / Canadian Dollar
Here's my look for EURCAD, a lot of traders and investors went to the short possitions as we can see in volume profile, in my opinion we're not done here yet.
I expecting some activity in the green zone which i drew into chart.

There is 1.48210 which is historical important SR zone.

Market is still mainly into uptrend and bulls still haven't left.

From 1.49300 to 1.51 is lot of accumulated volume which price should pick up.

Structure of trend is very good and price is on lower symmetry of wedge.

Wish you lot of succsess!
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.