EURCAD - Continuation expected Long

Euro Fx/Canadian DollarFXCM

Description

⋅ Jul 12, 2016 6:41 AM

Strong buying followed by a balancing zone indicates that this correction most likely will be followed by another bullish move towards 1.4540 primarily and if that level/zone folds, 1.4600 would be up next.

Trade closed: stop reached

⋅ Jul 12, 2016 3:59 PM

Corrective structure failed