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Buying EUR/CAD for a 55-pip trade: but why?
Euro / Canadian Dollar
Long
Buying EUR/CAD for a 55-pip trade: but why?
By SwissPips
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Updated
Jul 22, 2020
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Jul 22, 2020
Currently inside a structure with this pair. As you can see, the resistance we had a couple of hours ago seems to turn now into a support.
Price is above all EMA's and managed to stay above the daily pivot level.
I am buying the pair @ market price and will target the top of the structure, around 1.55800 levels. A nice 55-pip trade!
Today I am taking advantage of EUR strength and CAD weakness.
Check out my past analysis to see the way I trade!
Trade at your own risk
Jul 22, 2020
Trade closed: target reached
Bullish Patterns
buy
CAD
Chart Patterns
EUR
EURCAD
pattern
Trend Analysis
SwissPips
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