EURCAD - W - ABOUT TOPOSSIBLY DROP 600-800 PIPS?
We continue to see downward pressure on EURCAD. The last two weeks saw strong rejection of the resistance level provided by the downward trendline. A 300-pip stop loss around 1.4175 could make it worthwhile to aim for a target of around 600-800 pips targeting the support zone.
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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.