💡Don't miss the great sell opportunity in EURCAD

FX:EURCAD   Euro / Canadian Dollar
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.5512).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURCAD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.

Take Profits:
TP1= @ 1.5458
TP2= @ 1.5427
TP3= @ 1.5398
TP4= @ 1.5358
TP5= @ 1.5312

SL: Break Above R2

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❄️ Thanks ❄️
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Thank you for your comment. We appreciate it 🌹
Thanks forecast city 👏
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're very welcome!
We hope you enjoy it.
The third target is reached! thanks!
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, We appreciate your support.
Impressive as usual
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thanks for your comment.
I definitely agree with you. Thank you, very useful analysis
+1 Reply
@Kamryn, Thank you for your comment. It's good to know you like it. 🌹