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ForecastCity
May 12, 2020 1:25 PM

Don't miss the great buy opportunity in EURCAD Long

Euro Fx/Canadian DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5192). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 68.

Take Profits:
TP1= @ 1.5246
TP2= @ 1.5305
TP3= @ 1.5432

SL= Break below S2
Comments
Forecast_Crypto
Thank you for your time and sharing of knowledge.
ForecastCity
@Forecast_Crypto, You're welcome!🙏
Thank you for following us and your support and nice comments.
Pro_Trader_007
Thanks!
ForecastCity
@Pro_Trader_007, You're welcome!🙏
Pro_Trader_007
I truly feel like I am learning quite a lot from you
ForecastCity
@Pro_Trader_007, It's our pleasure.Thank you for following us.
Kamryn
thanks for your ideas
ForecastCity
@Kamryn, you're welcome
Kristalyn
Well done Fantastic graph and comments.
ForecastCity
@Kristalyn, Thank you
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