Sellers has to retrace deeper.
Updated
Trend: Sell/Neutral
Support/Resistance:
R2: 1.4660
R1: 1.45954
S1: 1.45765
S2: 1.45240
S3: 1.44897
Price action:
Sellers has to retrace deeper if buyers will not come back under level 1.45765. Sellers at the point are showing good momentum, but overall market is still in buyers mindset.
Potencial trade idea:
Bulls targets:
T1: 1.45240
T2: 1.44897
NOTE – We are trading EURCAD via the preferred trading setups by EliteFxAcademy
Support/Resistance:
R2: 1.4660
R1: 1.45954
S1: 1.45765
S2: 1.45240
S3: 1.44897
Price action:
Sellers has to retrace deeper if buyers will not come back under level 1.45765. Sellers at the point are showing good momentum, but overall market is still in buyers mindset.
Potencial trade idea:
Bulls targets:
T1: 1.45240
T2: 1.44897
NOTE – We are trading EURCAD via the preferred trading setups by EliteFxAcademy
Trade closed: target reached
ALL targets are reached
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