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Mihai_Iacob

EurCad can rise above 1.5

Long
Euro / Canadian Dollar (OANDA:EURCAD)  
Mihai_Iacob  
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators EURCAD eurcadlong eurcadanalysis eurcadbuy eurcadforcast eurcadsetup eurcadtrade eurcadidea eurcadsignal
22
10
trendanalysis chartpattern indicator eurcad eurcadlong eurcadanalysis eurcadbuy eurcadforcast eurcadsetup eurcadtrade eurcadidea eurcadsignal
After a false break under 1.43 support, EurCad reversed strongly on Friday, putting in an immense bullish engulfing on our chart, which engulfs almost 2 months of trading.
1.4450 provides support now and dips towards that zone should be bought.
Bulls target can be 1.5 zone resistance and only EurCad under 1.43 would negate this scenario
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