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MarubozuTrader

EUR/CAD LONG

Long
Euro / Canadian Dollar (FX_IDC:EURCAD)  
MarubozuTrader  
FX_IDC:EURCAD   Euro / Canadian Dollar
Chart Patterns Wave Analysis Beyond Technical Analysis euro EURCAD EURUSD ratio setup
3
0
chartpattern waveanalysis beyondta euro eurcad eurusd ratio setup
EUR/CAD has pulled back in an uptrend to a resistance level of 1.5340 which is also a 0.382 fib level

We have seen deceleration in price of this pair at this level and are looking for a leg higher.

See image for 3;1 risk reward ratio.

I will update as we go...
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