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themarketzone
Dec 29, 2014 12:01 PM

After trend line breakout and a pullback, can it continue? Long

FX:EURCAD1D
Euro Fx/Canadian DollarFXCM

Description

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The EURCAD broke out of a daily uptrend line recently.
The EURUSD keeps pulling it back lower but this pair is still above a major bottom.
It can be a nice buying zone for the coming weeks:

Trend line
61.8-78.6 Fib zone
support zone

Support and ResistanceFibonacciTrend Lines
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