EUR/CAD forms Big W pattern,jump till 1.4340 cannot be ruled out
Intraday Trend – Bullish
Short term trend - Bullish
EUR/CAD has formed Big W patter which confirms short term bullishness, a jump till 1.4340 cannot be ruled out .
On the downside minor support is around 1.4150 and break below will drag the pair further down till 1.4100/1.4040 in short term.
The pair's minor resistance is around 1.4260 and break above will extend gains till 1.4340 level.
it is good to buy at dips around 1.4165-70 with SL around 1.4050 for TP of 1.4260/1.4340
Short term trend - Bullish
EUR/CAD has formed Big W patter which confirms short term bullishness, a jump till 1.4340 cannot be ruled out .
On the downside minor support is around 1.4150 and break below will drag the pair further down till 1.4100/1.4040 in short term.
The pair's minor resistance is around 1.4260 and break above will extend gains till 1.4340 level.
it is good to buy at dips around 1.4165-70 with SL around 1.4050 for TP of 1.4260/1.4340