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Freaky_Josh
May 28, 2023 1:13 PM

EURCAD lookout for a bullish reversal!! Long

Euro Fx/Canadian DollarFXCM

Description

EURCAD weekly chart shows that price tested the 1.4580 support level and was unable to break it thereby closing above the 1.4580 level. Likewise an undecision candle was printed after the past week. So expect a bullish reversal from:
1.45525 (fib 0.236. Retr level) up to 1.4728 (fib 1.618 ext level)
Buy @ 1.4555
1st Tp - 1.4626 (70 pips)
2nd Tp - 1.4725 (170 pips)

Disclaimer!!!
Not a financial advice
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