EURCAD time to buy ? Long

Euro Fx/Canadian DollarFXCM

Description

⋅ Jul 7, 2014 8:04 PM

preferred buy
after touch trend line and hold .and has been the target of fibonacci retracement extension 2.618 from XA
first buy target 1.4900 and above 1.4950 target will be 1.5100 and 1.5200
invalid below 1.4400

EURCAD

Comments

ForceFollower

⋅ Jul 7, 2014 8:30 PM

It's at resistance now (1.454), so I wouldn't buy at this point. If it fails though, the next resistance is at 1.47.

kahmotche

⋅ Jul 7, 2014 8:34 PM

good point thanks for comment and sure i looking to long term now