ForecastCity

πŸ’‘ Don't miss the great buy opportunity in EURCAD

Long
FX:EURCAD   Euro / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5363). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.

Take Profits:
TP1= @ 1.5490
TP2= @ 1.5565
TP3= @ 1.5665
TP4= @ 1.5735
TP5= @ 1.5825

SL= Break below S2

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Trade well, ❀️
ForecastCity English Support Team ❀️
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Comments

appreciate all your work
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, You're welcome 🌹
Reply
What a beautiful divergence you pointed in this chart 😊 Thanks
+1 Reply
ForecastCity Kristalyn
@Kristalyn, It's good to know you like it. 🌹
Reply
perfect analysis. πŸ‘
+1 Reply
@Sir_Ray, Thanks 🌹
Reply
Great analysis! 😍😍😍
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thanks for your nice comment 🌹
Reply
nice divergence here. Upvoted! πŸ‘
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your support 🌹
Reply
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