EURO BULLS TO 1.52500 RETEST & CONTINUATION
Good evening once again from the UK. The Euro against the cad has found some momentum after testing the lower upper trendily at the key level of 1.50800. With a shooting start forming on last weeks closures many rookie traders would of entered a short with a break of the trendline. With a weekly timeframe Gravestone dogi closure this indicated a clear opportunity for buyers to enter the market.with a bullish engulfing candle yet with todays hammer closure with have a daily key level (green block zone in which needs to be tested in the London session, we may find a slight retracement for a good entry on a lower timeframe looking for bulls. If we see a closure above 1.5200 we have our eyes set on 1.53500 as our next major key level of support.
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