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Jun 11, 2021 7:52 AM

EURCAD potential for further upside! | 11th June 2021 Long

Euro Fx/Canadian DollarFXCM

Description

EURCAD is facing bullish pressure from ascending trendline support in line with 50% Fiboancci extension and 78.6% Fibonacci retracement . Prices might push up towards horizontal swing high resistance in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement . If prices push down further, prices might take support on horizontal swing low support in line with 50% Fibonacci extension and 61.8% Fibonacci retracement . MACD is also showing a bullish signal with the signal line below the MACD line.

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Comments
UnitedSignals
Very good analysis on eurcad bro!
VasilyTrader
Nice chart, cheers!
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