Mete_forex

EURCAD Jan 20, 2020

Long
FX:EURCAD   Euro / Canadian Dollar
Strong support retested again for the 4th time. We can also see that the RSI is under 50 which shows that the pair has been oversold. I am waiting for the pair to make a move to the upside and touch the trendline, and therefore I am willing to take a long trade.

Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.