Euro / Canadian Dollar

Long

EURCAD: Channel Breakout

By VasilyTrader

Updated

snapshot

EURCAD broke and closed above a resistance line of a major falling parallel channel.

Now the price is retesting that.

Chances are high to see a bullish movement on the pair.

First goal will be retest of the current local high.
Second goal - 1.527 next resistance

Note

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