Skandhatrade

#EURCAD waiting for a channel breakout

Long
FX:EURCAD   Euro / Canadian Dollar
#EURCAD Price is trading the channel once break out the channel it will go for the next level resistance and waiting for any bullish candlestick formation and watch the next candle close above the previous candle

Why we like it:
Price Trading the channel
moving to the next resistance area
waiting for bullish candlestick confirmation


1st support:
1.47383
Next Zone area & horizontal swing Low support

2nd support:
1.46913
Next Zone area & horizontal swing Low support

1st Resistance
1.48154
Zone area & horizontal swing high resistance

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