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FxWirePro
Jul 8, 2015 9:05 AM

EUR/CAD trades above short term resistance 1.4025, targets 1.416 Long

Euro Fx/Canadian DollarFXCM

Description

EUR/CAD has broken major resistance 1.4025 and confirms short term bullishness, a jump till 1.4120/1.4160 is possible.

Short term weakness only below 1.3980 and any break below will drag the pair further down till 1.3890/1.3820.

It is good to buy at dips around 1.4055 with SL around 1.3980 for the TP of 1.4120/1.4160
Comments
sheepskyfx
do you think it will make it back to the trend line ?
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