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jbourgault

EURCAD Long

Long
Euro / Canadian Dollar (FX:EURCAD)  
jbourgault Updated   
FX:EURCAD   Euro / Canadian Dollar
2
0
Support is building around the 1.44 level + a possible ABC correction following a potential wave 1 breakout.

This is also correlated with USOIL wave B top which could bring the commodity down for a last C wave.
Comment:
Stop loss: 1.4265
Target : TBD

Alternative scenario : if the previous support breaks, wait for retracement then sell down to the 1.4 level.
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