FxWirePro
Long

'Bullish Bat' pattern on EUR/CAD, good to buy dips

FX:EURCAD   Euro Fx/Canadian Dollar
158 0 10
Bullish Bat Pattern seen on EUR/CAD daily charts .

The pair has edged higher from 1.4389 levels which is pivotal, weakness seen only on breaks below 1.4380.

Retracement upto 1.5330 (61.8% Fib of 1.59145 to 1.43889 fall) likely.

Immediate support and resistance for the pair are located at 1.4697 (200-DMA) and 1.4734 (5-DMA).

Recommendation: Buy dips around 1.4660/80, SL: 1.4380, TP: 1.4970/1.5150/1.5330
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out