EURCAD: Bullish Outlook Explained 🇪🇺🇨🇦

Long

Euro / Canadian Dollar (OANDA:EURCAD)

OANDA:EURCAD Euro / Canadian Dollar

Multiple Time Frame Analysis Support and Resistance Head and Shoulders EURCAD priceaction priceactionanalysis priceactiontrading forecast signals fxsignals Forex Contains image

mtfa supportandresistance headandshoulders eurcad priceaction priceactionanalysis priceactiontrading forecast signals fxsignals forex containsimage

snapshot

EURCAD is testing a solid daily horizontal support.

Approaching that, the price formed an inverted head and shoulders pattern.
Its neckline was broken during the NY session on Friday.

It indicates a highly probable bullish movement from the underlined green area.
Goals: 1.467 / 1.4715

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