EURCAD: Classic Bullish Pattern

OANDA:EURCAD   Euro / Canadian Dollar
The EURCAD currency pair has formed a significant inverted head and shoulders pattern on a short-term chart.

We've seen a confirmed break above the neckline, with a 4-hour candle closing above it.

This suggests a potential continuation of the uptrend, with the next targets being 1.4810 and 1.4848.

Join our Telegram channel for daily market update 👇👇

For paid signal👇👇

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.