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Prabhu.Ram
Dec 16, 2014 9:36 AM

Another target achieved!! 290 pips!! Long

Euro Fx/Canadian DollarFXCM

Description

Hello traders,
today has been a great day, targets on AUD/JPY, GBP/JPY and now the EUR/CAD has been achieved.
If you recall, we had predicted a move up to the 161.8 Fib extension of the harmonic ABCD pattern. It has happened with the early European trade today. That gives us a cool 290 pips to be content with.
This is an important target and we should see some consolidation around here before we can make any further call on this pair.
Ofcourse there is a wedge pattern which we have not analysed completely yet. But for now, let us wait and watch further action and leads on this pair.
Enjoy!
Happy trading and happy pippin!
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