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Long

EUR/CAD forms Big W pattern,jump till 1.4340 cannot be ruled out

FX:EURCAD   Euro Fx/Canadian Dollar
149 0 3
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
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