My dear friends, Please, find my technical outlook for EURCAD below: The price is coiling around a solid key level - 1.5040 Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.5092 Safe Stop Loss - 1.5006
About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Note
Yes, the price is going towards the target already!
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.