Euro / Canadian Dollar
Long

EURCAD - 4H CHART ANALYSIS ( POTENTIAL BUY )

178
Hi everyone,

Please see attached my EURCAD 4H chart analysis.

As we can see price is currently trading at a support level which could be a possible sign of a reversal to the upside.

If we dive into the 1H time frame we can see an inverted hammer candle on the support line also being a potential sign for a reversal.

Also if we take a look at the stochastic it is touching which could also mean a sign of reversal.

Keep this on your watch list for tomorrow, if we see bullish candles i would enter a buy trade.

DWFX

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