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YourLazyTrader

EURCAD looks all set to resume the uptrend

Long
Euro / Canadian Dollar (FX:EURCAD)  
YourLazyTrader  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURCAD eurcadlong
20
6
trendanalysis chartpattern beyondta eurcad eurcadlong
Over the last few weeks, EURCAD has pulled back from the double top. Looking at the chart it looks like, EURCAD is all set to resume the uptrend once again. Initial target should be at 1.5580.
If price breaks 1.56 level, then 1.58 can also be a possible target.

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