EvanJones
Long

Potential Wedge Break

FX:EURCAD   Euro Fx/Canadian Dollar
12 0 1
A down trend wedge has been formed and if obeyed may break to the upside if we see some strength in the Euro             . The CAD is certainly stronger at the moment compared to the Euro             .

Pending orders could be placed above the lower low to ride the bounce in between trendlines and stops placed below the lower trendline . Alternatively, pending orders could be placed above the upper trend line to catch the breakout?
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