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EUR/CAD Daily Analysis
Euro / Canadian Dollar
EUR/CAD Daily Analysis
By FusionMarkets
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5 days ago
4
5 days ago
Since August this year, price had been trapped inside a daily range of 1.4900 to 1.5160
Price finally printed a daily close below 1.4900 last week and continued to push down until finding trendline support which originated in February.
With price closing at 1.4845 last week, there are 55 pips back to 1.4900 where there is a possibility of price retesting next week.
Look for smaller time frame buy setups if you agree.
Chart Patterns
Technical Indicators
Trend Analysis
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