Euro / Canadian Dollar
Long
Updated

EurCad bias is still to the upside

175
yesterday price attempted to rise but failed today we see price forming at support in the form of a corrective pattern as we are expecting a impulse to the upside will go long at the break and close above highlighted level Nb: do not assume price will impulse to the upside as it could also impulse down but our favored direction is to the upside
Note
we have the break lets wait for 1hour candle close or 15m pullback
Note
finally we have movement lets watch for a correction of pullback to get long

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.