Don't miss the great buy opportunity in EURCAD
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4592). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.4937
TP2= @ 1.5205
TP3= @ 1.5637
SL= Break below S2
. There is a possibility of temporary retracement to suggested support line (1.4592). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.4937
TP2= @ 1.5205
TP3= @ 1.5637
SL= Break below S2
🔥 New Year Sale has started!
Save up to 60% now!
💡 Trade smarter, not harder, in the new year.
💲 Maximize your profits and minimize your risks.
👉bit.ly/New-Year-Offer-2025
4CastMachine AI generate High Accurate forecasts for:
Forex,Cryptos
Save up to 60% now!
💡 Trade smarter, not harder, in the new year.
💲 Maximize your profits and minimize your risks.
👉bit.ly/New-Year-Offer-2025
4CastMachine AI generate High Accurate forecasts for:
Forex,Cryptos
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.