There are two different take profit levels on this one, the first is 1.45443 and the second being 1.43791. Price could find support at 38.2% (near old support and resistance) so it's good to stay prepared.
After the price gap and huge rally of EUR/CAD, it's due a fall. The EUR looks likes it's lost it's steam and is approaching a major trend line, my Stochastic indicator shows me that price is oversold and is now approaching a drop.
Good Luck!
After the price gap and huge rally of EUR/CAD, it's due a fall. The EUR looks likes it's lost it's steam and is approaching a major trend line, my Stochastic indicator shows me that price is oversold and is now approaching a drop.
Good Luck!
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Note
Price retested and broke resistance wait for pull back or close above to go 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.
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.