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Fundamentals and Analysis: Euro is more optimistic; New Updates

Long
FOREXCOM:EURCAD   Euro / Canadian Dollar
Hello guys, in this technical analysis in H4 timeframe we have a fake signal, so I reccomend to closed up your short position and put in longs position for news in Euro.


Looking Daily chart, we see an Euro so bullish for long-term. Because there are a good news for the Eurozone then other currency pars. So, looking the trend is bullish in Daily and we continue up, meanwhile in H4 we see a ascendent triangle and then the expectative is so bullish!!!

Fundamentals Keys:

Euro exchange rates solid as markets digest European Union recovery fund.
Euro climbs to highest in almost two years as European Union deal enthusiasmic

That is the key level to watching in the future, because Euro is continue so bullish in lot pars agains the Euro.

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