CAPITALCOM:EURCAD   Euro / Canadian Dollar
The EURCAD is unquestionably following a bullish trend. We strongly advise against shorting the market. For a long entry, we suggest waiting for a minor pullback into the range of 1.4673.
This would provide a favorable Risk-Reward Ratio (RRR) of over 2:1 for a long trade. The target zone is ideally set around the high point from mid-July 2023.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.