Fxprotrader

EURCAD: Crystal Clear Buy Opportunity

Long
FX:EURCAD   Euro / Canadian Dollar
Price is moving in a corrective structure and it's now testing the lower parallel of a median line. Most likely it will rally from that level and we should wait for a breakout above the correction and go long. A realistic profit target should be the median line or a little lower to the slide parallel. If we have the breakout i will update with the exact setup.

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.