TradingView
ForecastCity_World
Jun 15, 2021 9:40 PM

πŸ’‘Don't miss the great buy opportunity in EURCADΒ Long

Euro Fx/Canadian DollarFXCM

Description

β‹…

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.47450).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60

Take Profits:
TP1= @ 1.47922
TP2= @ 1.48158
TP3= @ 1.48381
TP4= @ 1.48656

SL= Break below S2

❀️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the πŸ‘ LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❀️ Your Support is very much πŸ™ appreciated!❀️
πŸ’Ž Want us to help you become a better Forex / Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❀️
ForecastCity English Support Team ❀️
Comments
MMBTtrader
β‹…
valid trendline and thanks for sharing
ForecastCity_World
β‹…
@MMBTtrader, You're welcome!
sofi_Morphy
β‹…
I agree and have the same view myself.
ForecastCity_World
β‹…
@sofi_Morphy, Thank you for your feedback.
UnknownUnicorn4127247
β‹…
Clean and detailed analysis. Thanks for sharing your insights. πŸ™Œ
TrTTTr
β‹…
I Have A Sell from 1.47350 with TP @ 1.46580

Its good or Time to reverse it. I know that it is at Weekly/Monthly Trendline lows. But I need only 70 pips So Sell Is Good

Ok
Mihai_Iacob
β‹…
Great video! Thanks for sharing your best post!
ForecastCity_World
β‹…
@OptimoomFX, You're welcome!
TrTTTr
β‹…
Hello Whats your Eurcad forecast Now
More