Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3430). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 46.
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Trade closed: target reached
⋅
271 pips profit... Total Profit: 271 Closed trade(s):271 Profit
Update Details:
Closed Profit: TP1= @ 1.3506 touched at 06.14.2022 with 52 Profit. TP2= @ 1.3541 touched at 06.15.2022 with 87 Profit. TP3= @ 1.3588 touched at 06.15.2022 with 132 Profit.