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EURCAD: Classic Bullish Pattern
Euro / Canadian Dollar
Long
EURCAD: Classic Bullish Pattern
By linofx1
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Jul 9
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Jul 9
The EURCAD currency pair has formed a significant inverted head and shoulders pattern on a short-term chart.
We've seen a confirmed break above the neckline, with a 4-hour candle closing above it.
This suggests a potential continuation of the uptrend, with the next targets being 1.4810 and 1.4848.
Head and Shoulders
Supply and Demand
Support and Resistance
linofx1
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