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capitalpropertiesfx
Jun 23, 2014 7:35 AM

EURCAD support is close 

Euro Fx/Canadian DollarFXCM

Description

This pair has been under double pressure from EURUSD and USDCAD but this might end very soon as we are approaching a major support area, which from a technical perspective, should be enought to provide @ least a minor jump higher. However, as this is a Daily chart, price could start consolidating in the support area, which means that it could time some time. Otherwise, it looks like good area to consider possible longs if should see some bullih price action on lowert timeframes.
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