EURCAD had a nice impulse up with an ABC correction.
This could be a good buy opportunity as our correction should now have finished and as the EURO strength has some more room for another push up.
Driving factors:
Brexit trade deal
Covid19
Vac news
Inflation rate
Small buy for 220 pips from this level seems worth the risk. However large volume will resume again now we are out the festive period so this could be invalidated easily.
This could be a good buy opportunity as our correction should now have finished and as the EURO strength has some more room for another push up.
Driving factors:
Brexit trade deal
Covid19
Vac news
Inflation rate
Small buy for 220 pips from this level seems worth the risk. However large volume will resume again now we are out the festive period so this could be invalidated easily.
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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.
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.