Proszi

EURCAD Outlook | Long Setup

Long
FX:EURCAD   Euro / Canadian Dollar
EURCAD currently retesting the roof of the ascending parallel channel and the previous level of resistance. Should we see a rejection from here I will be looking to enter longs on a pullback towards the 0.5-0.618 area of Fibonacci retracement, and set TP target to the outer 0.618 fib level in correspondence to our respectable descending trendline.
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