FuturesForexClasses

EURCAD / H4 / Daily Forex Technical Analysis / 4.24.2019

Long
OANDA:EURCAD   Euro / Canadian Dollar
Hello Traders, welcome to the Daily Forex technical analysis. Today is April 24th, 2019 and we will be taking a look at the Euro against the Canadian dollar. Looking at the 4 hour time frame we can see price action may be again rejecting the 1.5097 area. If we can see a minor retacement here back down to support level area of 1.504, a Long entry near the 1.5038 area with a Stop Loss near the 1.50092 region below our support zone. And a target profit level of 1.50973 that could ensure a profitable 2.06 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!





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