MrKevin

EURCAD Long Opportunity

Long
OANDA:EURCAD   Euro / Canadian Dollar
As it is seen in the graph the currency pair crossed Bollinger Bands once and it may cross it again and reach the horizontal line
below. After that a trend swap will occur and there are two points where the value may go, but it all also depends on the way the news affect the market. However even if there are fluctuations within this week this pair will reach new long values, supported also by the difficulties CAD will have because of USD negative influence.