EURCAD is headed back to higher high target.
From the moment where this pair sign up continuation trend idea, is bounce at 1.52211 new support level. Before we hit Daily Higher High, we have to test first 1.52661 new resistance level on H1 timeframe. This might be desicion spot for trend continuation to first target at 1.53476 resistance level and second target to 1.54451. This bullish targets looks fine for now. After that we'll see how strong push will those targets reach.
If you wanna know more, hit the following button and get updated each time for any CFD pair.
Cheers
From the moment where this pair sign up continuation trend idea, is bounce at 1.52211 new support level. Before we hit Daily Higher High, we have to test first 1.52661 new resistance level on H1 timeframe. This might be desicion spot for trend continuation to first target at 1.53476 resistance level and second target to 1.54451. This bullish targets looks fine for now. After that we'll see how strong push will those targets reach.
If you wanna know more, hit the following button and get updated each time for any CFD pair.
Cheers
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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.