EURCAD lookout for a bullish reversal!!
EURCAD weekly chart shows that price tested the 1.4580 support level and was unable to break it thereby closing above the 1.4580 level. Likewise an undecision candle was printed after the past week. So expect a bullish reversal from:
1.45525 (fib 0.236. Retr level) up to 1.4728 (fib 1.618 ext level)
Buy @ 1.4555
1st Tp - 1.4626 (70 pips)
2nd Tp - 1.4725 (170 pips)
Disclaimer!!!
Not a financial advice
1.45525 (fib 0.236. Retr level) up to 1.4728 (fib 1.618 ext level)
Buy @ 1.4555
1st Tp - 1.4626 (70 pips)
2nd Tp - 1.4725 (170 pips)
Disclaimer!!!
Not a financial advice
Related publications
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.