Hello everyone,
A good opportunity has been detected on the EUR/CAD pair.
After strong upward movement on the EUR/CAD, the
price found resistance on a strong resistance point, pulled back
and is currently correcting to the downside.
We are expecting the price to reach approximately the 1.5450
price level, where we have a 23.6% Fibonacci retracement level,
an inside support point, as well as the 20 Moving Average of the
Bollinger Bands.
A good opportunity has been detected on the EUR/CAD pair.
After strong upward movement on the EUR/CAD, the
price found resistance on a strong resistance point, pulled back
and is currently correcting to the downside.
We are expecting the price to reach approximately the 1.5450
price level, where we have a 23.6% Fibonacci retracement level,
an inside support point, as well as the 20 Moving Average of the
Bollinger Bands.
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.
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.