Euro / Canadian DollarUpdated EURCAD CRITICAL ZONE
EURCAD has just entered into the GREEN CRITICAL ZONE 1.473-1.48 area. As we can see, the area got tested and retested as both support and resistance since August and earlier this year. I think this pair will go sideway in the next couple of days before deciding the next direction.
What's next?
If we see strong bearish candle closes below 1.473, we target 1.465 and 1.451.
If we see a bullish candle breaks above 1.48, we will set target 1.486 and 1.5
Lets wait and see how it works out! Patience pays
What's next?
If we see strong bearish candle closes below 1.473, we target 1.465 and 1.451.
If we see a bullish candle breaks above 1.48, we will set target 1.486 and 1.5
Lets wait and see how it works out! Patience pays
Note
beautiful support. anticipating a sell trade to target 1.48 level again
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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.