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ForecastCity
Mar 1, 2020 7:47 PM

Don't miss the great buy opportunity in EURCAD Long

Euro Fx/Canadian DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4592). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 1.4937
TP2= @ 1.5205
TP3= @ 1.5637

SL= Break below S2
Comments
Best_Forecast
Keep This on my Radar This Week,
ForecastCity
sara-kian-fx
Following this, first week live and wouldn’t mind a couple hints to keep those losses at bay 😭😂
ForecastCity
@sara-kian, SL= Break below S2
Best_Forecast
Thanks a lot!
ForecastCity
@Alexander_007, You got it.
Forecast_Crypto
Thank You for sharing!
ForecastCity
@Forecast_Crypto, Please don't mention it.
Forecast_Crypto
I will keep an eye on this...
ForecastCity
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