Sascha_Gogolin

EURCAD - Expecting bullish momentum during London open

Long
Sascha_Gogolin Updated   
FX:EURCAD   Euro / Canadian Dollar
The current corrective structure that has formed during the asia session is hinting about another bullish move around the corner. I am expecting a weak retracement into ST support around 1.3925-1.3935 followed by a move up to the first target at 1.3960. If the buyers manage to push through that level, next would be 1.3975, 1.4020 & 1.4080.
Trade closed manually:
First target missed by a few pips, trade closed with small profit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.