ASCENS10N

EURCAD: Bullish continuation expected

Long
FX:EURCAD   Euro / Canadian Dollar
We are seeing a more bullish Euro as compared to the Canadian Dollar if we do some cross referencing on the EURUSD / USDCAD institutional positions. Price is approaching the trend support line and we may or may not see a stop hunt in play before the price pushes higher.

As long as price does not close below 1.5475 on the daily candle, we can expect 1.58 and 1.59 to be next.

EURCAD Long
Entry is valid as long as price is above 1.5475

SL: 1.5400
TP: 1.5800
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